# PPP loan: NADCO TAPES & LABELS INC
> **$359K** approved 04/09/2020 · Paid in Full · Loan `9578377008`
## Borrower
- **Name:** NADCO TAPES & LABELS INC
- **Address:** 2240  72ND TER E, SARASOTA, FL, 34243-3985
- **NAICS:** 322220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Jobs reported:** 27
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*