# PPP loan: AMERICAN LOGISTICS SERVICES INC.
> **$446K** approved 04/10/2020 · Paid in Full · Loan `1525187108`
## Borrower
- **Name:** AMERICAN LOGISTICS SERVICES INC.
- **Address:** 1519 Heil Quaker Blvd, LaVergne, TN, 37086-3539
- **NAICS:** 541614
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $67K
- **Utilities:** $45K
- **Jobs reported:** 33
## Lender
- **Originating:** Volunteer State Bank
- **Servicing:** Volunteer State Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*