# PPP loan: FORMPAK, INC.
> **$305K** approved 04/05/2020 · Paid in Full · Loan `5341157005`
## Borrower
- **Name:** FORMPAK, INC.
- **Address:** 355 PAUL AVE, SAINT LOUIS, MO, 63135-2760
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Mortgage interest:** $10K
- **Utilities:** $5K
- **Health care:** $12K
- **Jobs reported:** 27
## Lender
- **Originating:** Alliance CU
- **Servicing:** Alliance CU (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*