# PPP loan: DYNAMIC PACKAGING SOLUTIONS, INC.
> **$563K** approved 04/14/2020 · Paid in Full · Loan `5940997110`
## Borrower
- **Name:** DYNAMIC PACKAGING SOLUTIONS, INC.
- **Address:** 406 KESCO DR, BRISTOL, IN, 46507-8991
- **NAICS:** 561910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $141K
- **Jobs reported:** 130
## Lender
- **Originating:** First State Bank of Middlebury
- **Servicing:** First State Bank of Middlebury (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*