# PPP loan: PACKAGING SOLUTIONS FTI, INC.
> **$203K** approved 02/08/2021 · Paid in Full · Loan `5358828400`
## Borrower
- **Name:** PACKAGING SOLUTIONS FTI, INC.
- **Address:** 550 Fesler St A, El Cajon, CA, 92020-1901
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $204K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*