# PPP loan: LABELTEX MILLS INC.
> **$738K** approved 01/30/2021 · Paid in Full · Loan `9312338300`
## Borrower
- **Name:** LABELTEX MILLS INC.
- **Address:** 6100 Wilmington Ave, Los Angeles, CA, 90001-1826
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $746K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $737K
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*