# PPP loan: AMERICAN LABORATORY TRADING, INC.
> **$347K** approved 04/07/2020 · Paid in Full · Loan `6881417006`
## Borrower
- **Name:** AMERICAN LABORATORY TRADING, INC.
- **Address:** 12 COLTON RD, EAST LYME, CT, 06333-1435
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 30
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*