# PPP loan: INDICA LABS, INC.
> **$834K** approved 04/11/2020 · Paid in Full · Loan `3629687109`
## Borrower
- **Name:** INDICA LABS, INC.
- **Address:** 8700 Education Pl Bldg B, ALBUQUERQUE, NM, 87114
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $834K
- **Initial approval:** $834K
- **Forgiven:** $839K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $834K
- **Jobs reported:** 49
## Lender
- **Originating:** Century Bank
- **Servicing:** Century Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*