# PPP loan: J&L LOGISTICS, INC.
> **$346K** approved 04/14/2020 · Paid in Full · Loan `6356337106`
## Borrower
- **Name:** J&L LOGISTICS, INC.
- **Address:** 218 Sunset Ridge Blvd, JOHNSON CITY, TN, 37615
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Jobs reported:** 22
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*