# PPP loan: PACKWELL INC.
> **$1.13M** approved 01/27/2021 · Paid in Full · Loan `6581048301`
## Borrower
- **Name:** PACKWELL INC.
- **Address:** 10016 Porter Rd, La Porte, TX, 77571-7592
- **NAICS:** 561910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 154
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*