# PPP loan: LAI TRUCKING LLC
> **$246K** approved 06/11/2020 · Paid in Full · Loan `2190247910`
## Borrower
- **Name:** LAI TRUCKING LLC
- **Address:** 218 Chandler Road, Jackson Township, NJ, 08527-4339
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*