# PPP loan: SUB ZERO LOGISTICS INC
> **$248K** approved 05/01/2020 · Charged Off · Loan `7613777704`
## Borrower
- **Name:** SUB ZERO LOGISTICS INC
- **Address:** 3627 WASHINGTON ST, PARK CITY, IL, 60085
- **NAICS:** 488999
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $31K (13%)
- **Forgiveness date:** 09/15/2021
- **Status:** Charged Off
- **Term:** 28 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 16
## 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*