# PPP loan: ATLAS CONTAINER CORPORATION
> **$1.89M** approved 04/15/2020 · Paid in Full · Loan `1430037204`
## Borrower
- **Name:** ATLAS CONTAINER CORPORATION
- **Address:** 8140 Telegraph Rd, Severn, MD, 21144
- **NAICS:** 322211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.89M
- **Forgiven:** $1.91M (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Rent:** $58K
- **Mortgage interest:** $3K
- **Utilities:** $130K
- **Health care:** $72K
- **Jobs reported:** 156
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*