# PPP loan: ENVELOPE 1, INC.
> **$1.48M** approved 01/29/2021 · Paid in Full · Loan `8626128305`
## Borrower
- **Name:** ENVELOPE 1, INC.
- **Address:** 41969 State Route 344, Columbiana, OH, 44408-9421
- **NAICS:** 322230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.50M (102%)
- **Forgiveness date:** 10/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.48M
- **Utilities:** $1
- **Jobs reported:** 171
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*