# PPP loan: KEY PACKAGING COMPANY INC
> **$560K** approved 01/25/2021 · Paid in Full · Loan `5572628302`
## Borrower
- **Name:** KEY PACKAGING COMPANY INC
- **Address:** 7350 15th St E, Sarasota, FL, 34243-3274
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $563K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $560K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*