# PPP loan: ANCHOR PAPER COMPANY
> **$1.45M** approved 04/08/2020 · Paid in Full · Loan `7777147002`
## Borrower
- **Name:** ANCHOR PAPER COMPANY
- **Address:** 480 Broadway Street, SAINT PAUL, MN, 55101-2410
- **NAICS:** 424110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.41M (97%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 97
## Lender
- **Originating:** Alliance Bank
- **Servicing:** Alliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*