# PPP loan: PROGRESSIVE PACKAGING GROUP, INC
> **$338K** approved 04/12/2020 · Paid in Full · Loan `3846167102`
## Borrower
- **Name:** PROGRESSIVE PACKAGING GROUP, INC
- **Address:** 18931 PORTOLA DR Ste. C, SALINAS, CA, 93908-1295
- **NAICS:** 561910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 20
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*