# PPP loan: GRACE LOGISTICS, LLC
> **$153K** approved 04/07/2020 · Paid in Full · Loan `6915967006`
## Borrower
- **Name:** GRACE LOGISTICS, LLC
- **Address:** 338 East WASHINGTON DR, MUSCLE SHOALS, AL, 35661-2798
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $5K
- **Utilities:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*