# PPP loan: NEWKIRK LOGISTICS, INC
> **$260K** approved 05/11/2020 · Paid in Full · Loan `4880437403`
## Borrower
- **Name:** NEWKIRK LOGISTICS, INC
- **Address:** 750 ROYAL LN, DFW AIRPORT, TX, 75261
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $33K
- **Utilities:** $33K
- **Jobs reported:** 12
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*