# PPP loan: J & M PACKAGING INC
> **$152K** approved 06/22/2020 · Paid in Full · Loan `1379318009`
## Borrower
- **Name:** J & M PACKAGING INC
- **Address:** 31 SEABRO AVENUE, AMITYVILLE, NY, 11701-1201
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 16
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*