# PPP loan: LQ LOGISTICS LLC
> **$332K** approved 05/01/2020 · Paid in Full · Loan `1333517705`
## Borrower
- **Name:** LQ LOGISTICS LLC
- **Address:** 3245 Main Street 235-522, FRISCO, TX, 75034
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Health care:** $22K
- **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*