# PPP loan: CHIONE LOGISTICS INC.
> **$158K** approved 04/29/2020 · Paid in Full · Loan `2780257303`
## Borrower
- **Name:** CHIONE LOGISTICS INC.
- **Address:** 650 E 107TH ST Ste 140, BOLINGBROOK, IL, 60440-3080
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $15K
- **Utilities:** $4K
- **Jobs reported:** 12
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*