# PPP loan: S. WALTER PACKAGING CORP.
> **$4.16M** approved 04/07/2020 · Paid in Full · Loan `7058967005`
## Borrower
- **Name:** S. WALTER PACKAGING CORP.
- **Address:** 2900 GRANT AVE, PHILADELPHIA, PA, 19114-2310
- **NAICS:** 424130
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.16M
- **Initial approval:** $4.16M
- **Forgiven:** $4.21M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.70M
- **Rent:** $392K
- **Utilities:** $71K
- **Jobs reported:** 251
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*