# PPP loan: SUTHERLAND PACKAGING, INC.
> **$1.03M** approved 04/11/2020 · Paid in Full · Loan `3383367106`
## Borrower
- **Name:** SUTHERLAND PACKAGING, INC.
- **Address:** 254 Brighton Road, Andover, NJ, 07821-5032
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $826K
- **Mortgage interest:** $103K
- **Utilities:** $103K
- **Jobs reported:** 69
## Lender
- **Originating:** First Hope Bank, A National Banking Association
- **Servicing:** First Hope Bank, A National Banking Association (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*