# PPP loan: POLACK PRINTING INC.
> **$1.06M** approved 02/27/2021 · Paid in Full · Loan `5059268507`
## Borrower
- **Name:** POLACK PRINTING INC.
- **Address:** 1050 74th St SW, Byron Center, MI, 49315-8166
- **NAICS:** 511199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 58
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*