# PPP loan: OTR LOGISTICS LLC
> **$225K** approved 05/01/2020 · Paid in Full · Loan `1692147703`
## Borrower
- **Name:** OTR LOGISTICS LLC
- **Address:** 99 Jersey Ave, NEW BRUNSWICK, NY, 08901
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Rent:** $25K
- **Utilities:** $3K
- **Jobs reported:** 15
## 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*