# PPP loan: MEDICAL LOGISTIC SERVICES INC.
> **$160K** approved 03/03/2021 · Paid in Full · Loan `6167278501`
## Borrower
- **Name:** MEDICAL LOGISTIC SERVICES INC.
- **Address:** 1 Merchant St Ste 114, Sharon, MA, 02067-1662
- **NAICS:** 492210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 08/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 10
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*