# PPP loan: DEVAULT PACKING COMPANY INC
> **$1.99M** approved 05/01/2020 · Exemption 4 · Loan `8911887705`
## Borrower
- **Name:** DEVAULT PACKING COMPANY INC
- **Address:** 1 Fillippo Way, Devault, PA, 19432
- **NAICS:** 311612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $1.93M (97%)
- **Forgiveness date:** 06/03/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.99M
- **Jobs reported:** 239
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*