# PPP loan: DIGITAL AUDIO LABS
> **$168K** approved 01/22/2021 · Paid in Full · Loan `3980038302`
## Borrower
- **Name:** DIGITAL AUDIO LABS
- **Address:** 1266 Park Rd, Chanhassen, MN, 55317-9260
- **NAICS:** 334310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 11
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*