# PPP loan: JESCO LOGISTICS LLC
> **$170K** approved 04/29/2020 · Exemption 4 · Loan `2169227300`
## Borrower
- **Name:** JESCO LOGISTICS LLC
- **Address:** 3567 E 23RD ST, BROWNSVILLE, TX, 78521-3933
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $3K (2%)
- **Forgiveness date:** 10/03/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 15
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*