# PPP loan: DIRECT CONNECT LOGISTIX, INC.
> **$1.97M** approved 04/30/2020 · Paid in Full · Loan `5630057300`
## Borrower
- **Name:** DIRECT CONNECT LOGISTIX, INC.
- **Address:** 314 W Michigan St,, Indianapolis, IN, 46202
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.97M
- **Initial approval:** $1.97M
- **Forgiven:** $2.00M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.97M
- **Jobs reported:** 137
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*