# PPP loan: LABEL SPECIALTIES, INC
> **$524K** approved 04/09/2020 · Paid in Full · Loan `9255467006`
## Borrower
- **Name:** LABEL SPECIALTIES, INC
- **Address:** 2501 TECHNOLOGY DR, LOUISVILLE, KY, 40299-6422
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $527K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Jobs reported:** 47
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*