# PPP loan: ROADRUNNER LOGISTICS INC.
> **$347K** approved 05/01/2020 · Paid in Full · Loan `2429057708`
## Borrower
- **Name:** ROADRUNNER LOGISTICS INC.
- **Address:** 16 CONTINENTAL DR, OLD TAPPAN, NJ, 07675
- **NAICS:** 488999
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $87K
- **Jobs reported:** 65
## 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*