# PPP loan: AMERICAN SPOOL & PACKAGING
> **$379K** approved 04/06/2020 · Paid in Full · Loan `5884337007`
## Borrower
- **Name:** AMERICAN SPOOL & PACKAGING
- **Address:** 1832 NORTH 5TH ST, HARTSVILLE, SC, 29550-1708
- **NAICS:** 322212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $379K
- **Initial approval:** $379K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Rent:** $39K
- **Utilities:** $20K
- **Health care:** $17K
- **Jobs reported:** 48
## Lender
- **Originating:** Carolina Bank & Trust Co.
- **Servicing:** Carolina Bank & Trust Co. (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*