# PPP loan: CARGO LOGISTICS GROUP INC
> **$172K** approved 04/11/2020 · Paid in Full · Loan `3376197105`
## Borrower
- **Name:** CARGO LOGISTICS GROUP INC
- **Address:** 8825 STANFORD BLVD Ste 306, COLUMBIA, MD, 21045-4751
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 12
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*