# PPP loan: G&I LOGISTICS,INC.
> **$1.02M** approved 05/01/2020 · Paid in Full · Loan `1990717706`
## Borrower
- **Name:** G&I LOGISTICS,INC.
- **Address:** 236 TANGLEWOOD DR, ELK GROVE VILLAGE, IL, 60007
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $820K
- **Rent:** $18K
- **Utilities:** $4K
- **Health care:** $183K
- **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*