# PPP loan: VOLK PACKAGING CORPORATION
> **$1.28M** approved 04/04/2020 · Paid in Full · Loan `4631017002`
## Borrower
- **Name:** VOLK PACKAGING CORPORATION
- **Address:** 11 Morin Ave, BIDDEFORD, ME, 04005
- **NAICS:** 322211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Jobs reported:** 87
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*