# PPP loan: SPARTAN LOGISTICS SERVICES LLC
> **$223K** approved 04/05/2020 · Paid in Full · Loan `5435807000`
## Borrower
- **Name:** SPARTAN LOGISTICS SERVICES LLC
- **Address:** 4811 Emerson Ave Suite 207, PALATINE, IL, 60067-0500
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $223K
- **Initial approval:** $178K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Rent:** $33K
- **Utilities:** $11K
- **Jobs reported:** 16
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*