# PPP loan: ALPI LOGISTICS, INC.
> **$298K** approved 04/11/2020 · Paid in Full · Loan `3302677104`
## Borrower
- **Name:** ALPI LOGISTICS, INC.
- **Address:** 499 Commerce Drive 0.0, Burlington, NJ, 08016-4171
- **NAICS:** 541614
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $50K
- **Utilities:** $4K
- **Health care:** $12K
- **Jobs reported:** 20
## 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*