# PPP loan: BDS LOGISTICS, INC.
> **$151K** approved 04/05/2020 · Paid in Full · Loan `5337307010`
## Borrower
- **Name:** BDS LOGISTICS, INC.
- **Address:** 7317 East Greenway Road, SCOTTSDALE, AZ, 85260-1603
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $1K
- **Debt interest:** $4K
- **Jobs reported:** 18
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Stearns Bank National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*