AKERS PACKAGING SOLUTIONS, INC. (WV) - 2020 PPP Loan Borrower Profile (# 2301407108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKERS PACKAGING SOLUTIONS, 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 West Virginia.

Loan Detail

Loan Number

2301407108

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$612,985

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$620,410.63

Date Loan was Forgiven

Jul 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,648

Payroll Proced

521,038

Mortgage Interest Proceed

30,650

Rent Proceed

30,649

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

322211

Borrower Location

HUNTINGTON, WV

Project Location

HUNTINGTON, WV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.