# PPP loan: PROFESSIONAL PACKAGING SYSTEMS, LLC
> **$6.02M** approved 04/07/2020 · Paid in Full · Loan `6862787006`
## Borrower
- **Name:** PROFESSIONAL PACKAGING SYSTEMS, LLC
- **Address:** 2010 S. GREAT SOUTHWEST PKWY, GRAND PRAIRIE, TX, 75051-3507
- **NAICS:** 311919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.02M
- **Initial approval:** $6.02M
- **Forgiven:** $6.09M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.02M
- **Jobs reported:** 500
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*