# PPP loan: LAB SPEC INC.
> **$702K** approved 04/04/2020 · Paid in Full · Loan `4969327009`
## Borrower
- **Name:** LAB SPEC INC.
- **Address:** 1443 Broadway, RAYNHAM, MA, 02767-1964
- **NAICS:** 238390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $702K
- **Jobs reported:** 30
## Lender
- **Originating:** Bluestone Bank
- **Servicing:** Bluestone Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*