# PPP loan: ALTEX PACKAGING, INC
> **$503K** approved 04/09/2020 · Paid in Full · Loan `8925327005`
## Borrower
- **Name:** ALTEX PACKAGING, INC
- **Address:** 2510 Electronics Dr, Anniston, AL, 36207-6803
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 52
## Lender
- **Originating:** First Bank of Alabama
- **Servicing:** First Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*