# PPP loan: PACKAGING SOLUTIONS INC.
> **$280K** approved 04/16/2020 · Paid in Full · Loan `3074487201`
## Borrower
- **Name:** PACKAGING SOLUTIONS INC.
- **Address:** 1125 HAYDEN DR STE 100, CARROLLTON, TX, 75006
- **NAICS:** 424130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $237K (84%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Health care:** $24K
- **Jobs reported:** 29
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*