# PPP loan: ABCO LABORATORIES
> **$1.17M** approved 04/13/2020 · Paid in Full · Loan `4351097108`
## Borrower
- **Name:** ABCO LABORATORIES
- **Address:** 2450 So Watney Way, FAIRFIELD, CA, 94533-6730
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Rent:** $192K
- **Utilities:** $12K
- **Health care:** $142K
- **Jobs reported:** 78
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*