Akers Packaging Solutions, Inc.

$612,985 PPP Loan in Huntington, West Virginia

Loan Details

Loan Number
2301407108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$612,985
Current Approval
$612,985
Forgiveness Amount
$620,411
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Akers Packaging Solutions, Inc.
Address
409 Buffington Street
ZIP Code
25702-1806
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (322211)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$52.6M
Rural/Urban
Urban
Congressional District
WV-01

Loan Use Breakdown

Payroll
$521,038
Rent
$30,649
Utilities
$30,648
Mortgage Interest
$30,650

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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