# PPP loan: LOGISTICS KING INC.
> **$509K** approved 03/28/2021 · Paid in Full · Loan `2334808701`
## Borrower
- **Name:** LOGISTICS KING INC.
- **Address:** 13029 TIMBER CIR, PLAINFIELD, IL, 60585
- **NAICS:** 492110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $509K
- **Jobs reported:** 65
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*