PPP Loan information for Label specialties, inc

$523,900

Label specialties, inc was initially approved for PPP Loan of amount $523,900, the current approved amount is $523,900. The loan was approved on 04/09/2020 by The German American Bank reported 47 jobs and $523,900 was used to fund payroll.

Label specialties, inc is Existing or more than 2 years old

LABEL SPECIALTIES, INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LABEL SPECIALTIES, INC

Borrower Address

2501 TECHNOLOGY DR

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40299-6422

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

523900.00

Current Approval Amount

523900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40299-6422

CD

KY-03

Jobs Reported

47

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

523900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

527373.53

Forgiveness Date

12/17/2020

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