# PPP loan: BRAND LABS, INC.
> **$220K** approved 04/08/2020 · Paid in Full · Loan `7879647000`
## Borrower
- **Name:** BRAND LABS, INC.
- **Address:** 360 SOUTH ST, ROCHESTER, MI, 48307-2240
- **NAICS:** 511210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Rent:** $6K
- **Utilities:** $3K
- **Jobs reported:** 9
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*