# PPP loan: THE LABEL ADVANTAGE, INC.
> **$152K** approved 04/08/2020 · Paid in Full · Loan `8648697001`
## Borrower
- **Name:** THE LABEL ADVANTAGE, INC.
- **Address:** 1785 GUTHRIE AVE, DES MOINES, IA, 50316-2135
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*