# PPP loan: PREOWNED AUTO LOGISTICS, INC
> **$312K** approved 01/25/2021 · Paid in Full · Loan `5607028300`
## Borrower
- **Name:** PREOWNED AUTO LOGISTICS, INC
- **Address:** 153 Andover St Ste 111, Danvers, MA, 01923-1477
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Northern Bank and Trust Company
- **Servicing:** Northern Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*