# PPP loan: FOAM CRAFT PACKAGING INC
> **$344K** approved 04/07/2020 · Paid in Full · Loan `6508557004`
## Borrower
- **Name:** FOAM CRAFT PACKAGING INC
- **Address:** 400 Alexander Drive SW, OWATONNA, MN, 55060-4724
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 39
## Lender
- **Originating:** Home Federal Savings Bank
- **Servicing:** Home Federal Savings Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*