# PPP loan: WELAND CLINICAL LABORATORIES PC
> **$894K** approved 04/11/2020 · Paid in Full · Loan `2912797108`
## Borrower
- **Name:** WELAND CLINICAL LABORATORIES PC
- **Address:** 1911 1ST AVE SE, CEDAR RAPIDS, IA, 52402-5300
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $894K
- **Initial approval:** $894K
- **Forgiven:** $902K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $894K
- **Jobs reported:** 68
## Lender
- **Originating:** Bankers Trust Company
- **Servicing:** Bankers Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*