# PPP loan: CAP LOGISTICS ENTERPRISES LLC
> **$1.44M** approved 04/29/2020 · Paid in Full · Loan `2717627304`
## Borrower
- **Name:** CAP LOGISTICS ENTERPRISES LLC
- **Address:** 29205 Ryan Road, Warren, MI, 48092-4244
- **NAICS:** 541820
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Mortgage interest:** $288K
- **Jobs reported:** 90
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*