# PPP loan: ARCHGATE LOGISTICS INC.
> **$181K** approved 01/19/2021 · Paid in Full · Loan `1709998301`
## Borrower
- **Name:** ARCHGATE LOGISTICS INC.
- **Address:** 17W662 Butterfield Rd Ste 202, Oakbrook Terrace, IL, 60181-4005
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $181K (100%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Belmont Bank & Trust Company
- **Servicing:** Belmont Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*