# PPP loan: KAPPUS PLASTIC COMPANY
> **$448K** approved 04/27/2020 · Paid in Full · Loan `5825017201`
## Borrower
- **Name:** KAPPUS PLASTIC COMPANY
- **Address:** 61-65 NJ Route 31 south, Hampton, NJ, 08827
- **NAICS:** 326112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Jobs reported:** 40
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*