# PPP loan: MCELROY CONTRACT PACKAGING, INC.
> **$402K** approved 04/08/2020 · Paid in Full · Loan `8224827010`
## Borrower
- **Name:** MCELROY CONTRACT PACKAGING, INC.
- **Address:** 301 COLLINS BLVD, ORRVILLE, OH, 44667-9727
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Mortgage interest:** $50K
- **Utilities:** $50K
- **Jobs reported:** 32
## Lender
- **Originating:** The Commercial and Savings Bank of Millersburg, Ohio
- **Servicing:** The Commercial and Savings Bank of Millersburg, Ohio (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*