# PPP loan: PAYMENT LOGISTICS LIMITED
> **$669K** approved 04/12/2020 · Paid in Full · Loan `3885537109`
## Borrower
- **Name:** PAYMENT LOGISTICS LIMITED
- **Address:** 11011 N. TORREY PINES RD Ste 250, LA JOLLA, CA, 92037-1007
- **NAICS:** 518210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $669K
- **Initial approval:** $669K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Rent:** $134K
- **Utilities:** $33K
- **Jobs reported:** 45
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*