# PPP loan: VERILAB INC.
> **$309K** approved 04/27/2020 · Paid in Full · Loan `5039207202`
## Borrower
- **Name:** VERILAB INC.
- **Address:** 2121 Lohmans Crossing Rd Ste 504, AUSTIN, TX, 78734
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*