# PPP loan: LABOR AIDING SYSTEMS CORPORATION
> **$500K** approved 04/27/2020 · Paid in Full · Loan `5264037206`
## Borrower
- **Name:** LABOR AIDING SYSTEMS CORPORATION
- **Address:** 3101 Hart Road, Jackson, MI, 49201-8746
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Mortgage interest:** $100K
- **Jobs reported:** 38
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*