# PPP loan: LAB LEASING COMPANY INC.
> **$246K** approved 02/03/2021 · Paid in Full · Loan `2041248401`
## Borrower
- **Name:** LAB LEASING COMPANY INC.
- **Address:** 1000 Butterworth Ct, Stevensville, MD, 21666-2561
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** LINKBANK
- **Servicing:** LINKBANK (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*