# PPP loan: CHANNEL LOGISTICS LIMITED LIABILITY COMPANY
> **$156K** approved 05/01/2020 · Exemption 4 · Loan `7259657710`
## Borrower
- **Name:** CHANNEL LOGISTICS LIMITED LIABILITY COMPANY
- **Address:** 121 MARKET ST, CAMDEN, NJ, 08102-2409
- **NAICS:** 511210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $42K (27%)
- **Forgiveness date:** 10/28/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 7
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*