# PPP loan: LABOR ROCKET LLC
> **$262K** approved 04/15/2020 · Paid in Full · Loan `8766517103`
## Borrower
- **Name:** LABOR ROCKET LLC
- **Address:** 40950 WOODWARD AVE, BLOOMFIELD HILLS, MI, 48304-5123
- **NAICS:** 561330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 55
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*