# PPP loan: SUNBELT PAPER & PACKAGING INC.
> **$454K** approved 01/27/2021 · Paid in Full · Loan `6712038310`
## Borrower
- **Name:** SUNBELT PAPER & PACKAGING INC.
- **Address:** 109 Airpark Industrial Rd, Alabaster, AL, 35007-9598
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $456K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $454K
- **Jobs reported:** 52
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*