# PPP loan: LOGISTICS PLUS INC
> **$3.67M** approved 04/09/2020 · Paid in Full · Loan `1109767106`
## Borrower
- **Name:** LOGISTICS PLUS INC
- **Address:** 1406 PEACH ST, ERIE, PA, 16501-1821
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.67M
- **Initial approval:** $3.67M
- **Forgiven:** $3.71M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.90M
- **Rent:** $420K
- **Utilities:** $31K
- **Health care:** $317K
- **Jobs reported:** 269
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*