# PPP loan: INTERSTATE PACKAGING COMPANY
> **$2.53M** approved 04/14/2020 · Paid in Full · Loan `6070067102`
## Borrower
- **Name:** INTERSTATE PACKAGING COMPANY
- **Address:** 2285 HIGHWAY 47 North, WHITE BLUFF, TN, 37187-4126
- **NAICS:** 322220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.53M
- **Initial approval:** $2.53M
- **Forgiven:** $2.56M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.53M
- **Jobs reported:** 212
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*