# PPP loan: TRI-COR FLEXIBLE PACKAGING, INC
> **$245K** approved 04/15/2020 · Paid in Full · Loan `9724867110`
## Borrower
- **Name:** TRI-COR FLEXIBLE PACKAGING, INC
- **Address:** 27 Brookfield Drive, Sparta, NJ, 07871-1434
- **NAICS:** 326150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 17
## Lender
- **Originating:** First Hope Bank, A National Banking Association
- **Servicing:** First Hope Bank, A National Banking Association (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*