# PPP loan: ALPHA PACKAGING INDUSTRIES, INC.
> **$272K** approved 04/12/2020 · Charged Off · Loan `3971137103`
## Borrower
- **Name:** ALPHA PACKAGING INDUSTRIES, INC.
- **Address:** 20-04 33rd Street, ASTORIA, NY, 11105-2010
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $237K (87%)
- **Forgiveness date:** 05/04/2021
- **Status:** Charged Off
- **Term:** 14 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 17
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*