# PPP loan: ASI PACKAGING CO.
> **$150K** approved 01/21/2021 · Paid in Full · Loan `2849958307`
## Borrower
- **Name:** ASI PACKAGING CO.
- **Address:** 5254 S Saginaw Rd, Grand Blanc, MI, 48507-4468
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*