# PPP loan: BIG RIVER PACKAGING INC.
> **$461K** approved 04/07/2020 · Paid in Full · Loan `7408447003`
## Borrower
- **Name:** BIG RIVER PACKAGING INC.
- **Address:** 1905 LINCOLN WAY, CLINTON, IA, 52732-7217
- **NAICS:** 326112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $369K
- **Mortgage interest:** $46K
- **Utilities:** $46K
- **Jobs reported:** 30
## Lender
- **Originating:** First Central State Bank
- **Servicing:** First Central State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*