# PPP loan: LABEL-AID SYSTEMS, INC.
> **$394K** approved 04/09/2020 · Paid in Full · Loan `9029197010`
## Borrower
- **Name:** LABEL-AID SYSTEMS, INC.
- **Address:** 104 Celtic Circle, MADISON, AL, 35758-1837
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 36
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*