# PPP loan: THE LAB SCHOOL OF WASHINGTON
> **$3.10M** approved 04/08/2020 · Paid in Full · Loan `8016677008`
## Borrower
- **Name:** THE LAB SCHOOL OF WASHINGTON
- **Address:** 4759 Reservoir Road, NW, WASHINGTON, DC, 20007-1921
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.10M
- **Initial approval:** $3.10M
- **Forgiven:** $3.14M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.10M
- **Jobs reported:** 215
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*