# PPP loan: IMS TRANSPORT SOLUTIONS LLC
> **$1.37M** approved 04/15/2020 · Paid in Full · Loan `1023107204`
## Borrower
- **Name:** IMS TRANSPORT SOLUTIONS LLC
- **Address:** 265 INDUSTRIAL WAY W, EATONTOWN, NJ, 07724-2303
- **NAICS:** 488510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.01M (74%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 60
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*