# PPP loan: PACKBACK, INC.
> **$896K** approved 04/28/2020 · Paid in Full · Loan `1282087303`
## Borrower
- **Name:** PACKBACK, INC.
- **Address:** 55 E. JACKSON BLVD Ste 600, CHICAGO, IL, 60604-4402
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $906K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $717K
- **Mortgage interest:** $179K
- **Jobs reported:** 77
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*