# PPP loan: PHOTOLAB PROPERTIES, INC.
> **$641K** approved 04/06/2020 · Paid in Full · Loan `5981737000`
## Borrower
- **Name:** PHOTOLAB PROPERTIES, INC.
- **Address:** 5900 OLSON MEMORIAL HWY, Golden Valley, MN, 55422-4917
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $641K
- **Initial approval:** $641K
- **Forgiven:** $501K (78%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $641K
- **Jobs reported:** 44
## Lender
- **Originating:** Woodlands National Bank
- **Servicing:** Woodlands National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*