# PPP loan: ABBOTT LABEL, INC.
> **$1.94M** approved 04/10/2020 · Paid in Full · Loan `2524017106`
## Borrower
- **Name:** ABBOTT LABEL, INC.
- **Address:** 11440 HILLGUARD RD, DALLAS, TX, 75243-5502
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Mortgage interest:** $388K
- **Jobs reported:** 165
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*