# PPP loan: SCHENK PACKING CO INC
> **$2.67M** approved 04/08/2020 · Paid in Full · Loan `8241227009`
## Borrower
- **Name:** SCHENK PACKING CO INC
- **Address:** 8204 288TH ST SW, STANWOOD, WA, 98292-9599
- **NAICS:** 311611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.67M
- **Initial approval:** $2.67M
- **Forgiven:** $2.71M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.67M
- **Jobs reported:** 195
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*