AKERS PACKAGING SERVICE, INC. (OH) - 2020 PPP Loan Borrower Profile (# 7067017102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKERS PACKAGING SERVICE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Ohio.

Loan Detail

Loan Number

7067017102

SBA Office Code

0593

Processing Method

PPP

Curent Loan Amount

$3,534,815

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$3,581,195.7

Date Loan was Forgiven

Aug 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

141,394

Payroll Proced

3,181,333

Mortgage Interest Proceed

106,044

Rent Proceed

106,044

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

322211

Borrower Location

middletown, OH

Project Location

middletown, OH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

242

Business Age Description

Existing or more than 2 years old

Data Source: SBA.