# PPP loan: NIAGARA LOGISTICS INC
> **$550K** approved 04/11/2021 · Charged Off · Loan `1833418800`
## Borrower
- **Name:** NIAGARA LOGISTICS INC
- **Address:** 7073 US Highway 2 41 M35, Gladstone, MI, 49837-2504
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** First Secure Community Bank
- **Servicing:** First Secure Community Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*