# PPP loan: BEAR DOWN LOGISTICS XL INC
> **$628K** approved 04/06/2020 · Paid in Full · Loan `6234067001`
## Borrower
- **Name:** BEAR DOWN LOGISTICS XL INC
- **Address:** 1616 Ogden Ave Unit 1, LISLE, IL, 60532-1228
- **NAICS:** 541614
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $628K
- **Initial approval:** $628K
- **Forgiven:** $633K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $628K
- **Jobs reported:** 119
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*