# PPP loan: SRC LABS, INC.
> **$250K** approved 05/01/2020 · Paid in Full · Loan `5085837705`
## Borrower
- **Name:** SRC LABS, INC.
- **Address:** 3304 W MACARTHUR BLVD, SANTA ANA, CA, 92704-6804
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $80K (32%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*