# PPP loan: TI LOGISTICS LLC
> **$2.10M** approved 05/01/2020 · Exemption 4 · Loan `6347327700`
## Borrower
- **Name:** TI LOGISTICS LLC
- **Address:** 9 S Hackensack Ave Blvd, Kearny, NJ, 07032
- **NAICS:** 488510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.10M
- **Initial approval:** $2.10M
- **Forgiven:** $1.19M (57%)
- **Forgiveness date:** 12/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.10M
- **Jobs reported:** 102
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*