# PPP loan: KORPACK, INC.
> **$448K** approved 04/07/2020 · Paid in Full · Loan `7517057003`
## Borrower
- **Name:** KORPACK, INC.
- **Address:** 290 Madsen Drive Suite #101, BLOOMINGDALE, IL, 60108-2675
- **NAICS:** 333993
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Jobs reported:** 27
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*