# PPP loan: LABCRAFT, INC.
> **$334K** approved 04/13/2020 · Paid in Full · Loan `5301307106`
## Borrower
- **Name:** LABCRAFT, INC.
- **Address:** 1070 Disher Dr, WATERVILLE, OH, 43566-1079
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $30K
- **Utilities:** $5K
- **Health care:** $32K
- **Jobs reported:** 25
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*