# PPP loan: LABCANNA BIOSCIENCES, INC.
> **$168K** approved 04/29/2020 · Exemption 4 · Loan `3616737308`
## Borrower
- **Name:** LABCANNA BIOSCIENCES, INC.
- **Address:** 401 TRINITY LN, NASHVILLE, TN, 37207
- **NAICS:** 112910
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $132K (78%)
- **Forgiveness date:** 10/22/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 16
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*