# PPP loan: AMERICAN PACKAGING MACHINERY INC.
> **$353K** approved 01/25/2021 · Paid in Full · Loan `5333368310`
## Borrower
- **Name:** AMERICAN PACKAGING MACHINERY INC.
- **Address:** 2550 S Eastwood Dr, Woodstock, IL, 60098-9112
- **NAICS:** 333993
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $358K (102%)
- **Forgiveness date:** 08/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $353K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*