# PPP loan: LABCONNECT HOLDINGS, INC
> **$3.46M** approved 04/27/2020 · Paid in Full · Loan `4811187200`
## Borrower
- **Name:** LABCONNECT HOLDINGS, INC
- **Address:** 2304 SILVERDALE DR, JOHNSON CITY, TN, 37601-2587
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.46M
- **Initial approval:** $3.46M
- **Forgiven:** $3.50M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.46M
- **Jobs reported:** 278
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*