# PPP loan: PAPER PRODUCTS COMPANY, INC.
> **$980K** approved 04/08/2020 · Paid in Full · Loan `8200417000`
## Borrower
- **Name:** PAPER PRODUCTS COMPANY, INC.
- **Address:** 760 Commonwealth Drive, WARRENDALE, PA, 15086-7521
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $980K
- **Initial approval:** $980K
- **Forgiven:** $985K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $980K
- **Jobs reported:** 65
## Lender
- **Originating:** Somerset Trust Company
- **Servicing:** Somerset Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*