# PPP loan: WILMINGTON PAPER CORP
> **$696K** approved 04/15/2020 · Paid in Full · Loan `8368247110`
## Borrower
- **Name:** WILMINGTON PAPER CORP
- **Address:** 20 Hook Mountain Road PO Box 689, Pine Brook, NJ, 07058
- **NAICS:** 322130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Rent:** $33K
- **Utilities:** $4K
- **Health care:** $43K
- **Debt interest:** $74K
- **Jobs reported:** 36
## 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*