# PPP loan: 3RD ROCK LOGISTICS, LLC
> **$367K** approved 04/07/2020 · Charged Off · Loan `6996907000`
## Borrower
- **Name:** 3RD ROCK LOGISTICS, LLC
- **Address:** 5178 OAKMONT PL, SARASOTA, FL, 34242-1435
- **NAICS:** 486210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $306K (83%)
- **Forgiveness date:** 03/22/2023
- **Status:** Charged Off
- **Term:** 19 months
## Use of funds
- **Payroll:** $367K
- **Jobs reported:** 24
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*