PPP Loan information for Packaging services of md inc

$1,631,500

Packaging services of md inc was initially approved for PPP Loan of amount $3,330,700, the current approved amount is $1,631,500. The loan was approved on 04/09/2020 by The Truist Bank reported 290 jobs and $1,631,500 was used to fund payroll.

Packaging services of md inc is Existing or more than 2 years old

PACKAGING SERVICES OF MD INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PACKAGING SERVICES OF MD INC

Borrower Address

16461 ELLIOTT PKWY

Borrower City

WILLIAMSPORT

Borrower State

MD

Borrower Zip

21795-4082

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3330700.00

Current Approval Amount

1631500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSPORT

Project County Name

WASHINGTON

Project State

MD

Project Zip

21795-4082

CD

MD-06

Jobs Reported

290

NAICS Code

322211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1631500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1647724.36

Forgiveness Date

04/14/2021

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