# PPP loan: ID LABEL, INC.
> **$851K** approved 04/07/2020 · Paid in Full · Loan `7413197005`
## Borrower
- **Name:** ID LABEL, INC.
- **Address:** 425 Park Ave, LAKE VILLA, IL, 60046-6540
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $851K
- **Initial approval:** $851K
- **Forgiven:** $859K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Rent:** $106K
- **Utilities:** $106K
- **Jobs reported:** 68
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*