# PPP loan: THE PAPERS INC
> **$2.00M** approved 02/20/2021 · Paid in Full · Loan `2178088500`
## Borrower
- **Name:** THE PAPERS INC
- **Address:** 206 S Main St, Milford, IN, 46542-3004
- **NAICS:** 511110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 177
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*