# PPP loan: 12:2 LOGISTICS INC
> **$192K** approved 04/04/2020 · Paid in Full · Loan `4931817008`
## Borrower
- **Name:** 12:2 LOGISTICS INC
- **Address:** 5624 118th Ave SE, BELLEVUE, WA, 98006-3731
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 16
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*