# PPP loan: PIER 15 LOGISTICS LLC
> **$423K** approved 05/01/2020 · Paid in Full · Loan `1009737710`
## Borrower
- **Name:** PIER 15 LOGISTICS LLC
- **Address:** 1323 W BAY AVE, NEWPORT BEACH, CA, 92661
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $379K
- **Mortgage interest:** $4K
- **Health care:** $40K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*