# PPP loan: US CARGO DIRECT INC
> **$1.52M** approved 04/12/2020 · Exemption 4 · Loan `3841797104`
## Borrower
- **Name:** US CARGO DIRECT INC
- **Address:** 13769 MAIN ST, LEMONT, IL, 60439-9310
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $55K (4%)
- **Forgiveness date:** 02/15/2024
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 112
## 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*