# PPP loan: MCCOWAT-MERCER PACKAGING, INC.
> **$587K** approved 06/23/2020 · Paid in Full · Loan `2117538010`
## Borrower
- **Name:** MCCOWAT-MERCER PACKAGING, INC.
- **Address:** 202 RIVERSIDE DR, JACKSON, TN, 38301-5717
- **NAICS:** 322212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $591K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $587K
- **Jobs reported:** 59
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*