# PPP loan: LABWORKS, LLC
> **$160K** approved 04/14/2020 · Charged Off · Loan `7757987108`
## Borrower
- **Name:** LABWORKS, LLC
- **Address:** 7621 LITTLE AVE, CHARLOTTE, NC, 28226
- **NAICS:** 621511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 8
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*