# PPP loan: QX LOGISTIX LLC
> **$1.54M** approved 04/06/2020 · Exemption 4 · Loan `6251097001`
## Borrower
- **Name:** QX LOGISTIX LLC
- **Address:** 5685 Alcoa Ave, VERNON, CA, 90058-3728
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $2.18M
- **Forgiven:** $558K (36%)
- **Forgiveness date:** 05/15/2024
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 322
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*