# PPP loan: J LOGISTICS LLC
> **$198K** approved 05/28/2020 · Charged Off · Loan `4596857806`
## Borrower
- **Name:** J LOGISTICS LLC
- **Address:** 754 Bonwood Avenue, Memphis, TN, 38109-5243
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 9
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*