# PPP loan: EVOLUTION LOGISTICS CORP.
> **$413K** approved 04/10/2020 · Paid in Full · Loan `1167127100`
## Borrower
- **Name:** EVOLUTION LOGISTICS CORP.
- **Address:** 9800 NW 1000TH RD STE 1, MEDLEY, FL, 33178
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $125K
- **Utilities:** $18K
- **Health care:** $25K
- **Jobs reported:** 33
## 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*