# PPP loan: AMPAC SERVICES INC
> **$308K** approved 04/14/2020 · Paid in Full · Loan `6389667107`
## Borrower
- **Name:** AMPAC SERVICES INC
- **Address:** 8388 ROVANA CIR, SACRAMENTO, CA, 95828-2534
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $44K
- **Utilities:** $4K
- **Jobs reported:** 24
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*