# PPP loan: LAB24 LLC
> **$177K** approved 04/06/2020 · Paid in Full · Loan `5663347006`
## Borrower
- **Name:** LAB24 LLC
- **Address:** 475 KNOLLCREST DR, REDDING, CA, 96002-0101
- **NAICS:** 621511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $63K (36%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 6
## Lender
- **Originating:** Cornerstone Community Bank
- **Servicing:** Cornerstone Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*