# PPP loan: LOOP PAPER RECYCLING INC.
> **$458K** approved 03/18/2021 · Paid in Full · Loan `4679738600`
## Borrower
- **Name:** LOOP PAPER RECYCLING INC.
- **Address:** 2401 S Laflin St, Chicago, IL, 60608-5005
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 262
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*