# PPP loan: CIRCLE LOGISTICS, INC.
> **$2.34M** approved 04/07/2020 · Paid in Full · Loan `7537867007`
## Borrower
- **Name:** CIRCLE LOGISTICS, INC.
- **Address:** 1950 W Cook Rd, FORT WAYNE, IN, 46818-1166
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.34M
- **Initial approval:** $2.34M
- **Forgiven:** $2.37M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.07M
- **Rent:** $193K
- **Utilities:** $35K
- **Health care:** $42K
- **Jobs reported:** 220
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*