# PPP loan: ALCO LOGISTICS, LLC
> **$318K** approved 04/16/2020 · Paid in Full · Loan `2956977203`
## Borrower
- **Name:** ALCO LOGISTICS, LLC
- **Address:** 3400 W STONEGATE BLVD UNIT 100-2300, ARLINGTON HEIGHTS, IL, 60005
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $5K
- **Health care:** $46K
- **Jobs reported:** 72
## 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*