# PPP loan: INDEPENDENT CAN COMPANY
> **$5.40M** approved 04/15/2020 · Paid in Full · Loan `8223927101`
## Borrower
- **Name:** INDEPENDENT CAN COMPANY
- **Address:** 1300 Brass Mill Road, Belcamp, MD, 21017
- **NAICS:** 332431
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.40M
- **Initial approval:** $5.40M
- **Forgiven:** $5.46M (101%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.17M
- **Rent:** $750K
- **Utilities:** $75K
- **Health care:** $400K
- **Jobs reported:** 374
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*