# PPP loan: 46 LOGISTICS INC
> **$561K** approved 04/08/2020 · Paid in Full · Loan `7943797005`
## Borrower
- **Name:** 46 LOGISTICS INC
- **Address:** 120 Caroline Way, GALLATIN, TN, 37066-2593
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Rent:** $15K
- **Mortgage interest:** $1K
- **Utilities:** $2K
- **Debt interest:** $2K
- **Jobs reported:** 37
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*