# PPP loan: GI LOGISTICS INC
> **$217K** approved 04/07/2021 · Paid in Full · Loan `7931658705`
## Borrower
- **Name:** GI LOGISTICS INC
- **Address:** 500 Delancey St, Newark, NJ, 07105-3827
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $217K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** The Bank of Princeton
- **Servicing:** The Bank of Princeton (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*