# PPP loan: 570 LOGISTICS, INC
> **$206K** approved 04/14/2020 · Paid in Full · Loan `6391847101`
## Borrower
- **Name:** 570 LOGISTICS, INC
- **Address:** 433 Broadway SUITE 632, Suite 632, NY, 10013
- **NAICS:** 492210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $2K
- **Mortgage interest:** $10K
- **Jobs reported:** 24
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*