# PPP loan: THE LOGISTICS COMPANY INC
> **$6.00M** approved 04/16/2020 · Paid in Full · Loan `3088827208`
## Borrower
- **Name:** THE LOGISTICS COMPANY INC
- **Address:** 3400 WALSH PKWY, FAYETTEVILLE, NC, 28311-1642
- **NAICS:** 561210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.00M
- **Initial approval:** $6.00M
- **Forgiven:** $6.06M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.00M
- **Jobs reported:** 500
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*