# PPP loan: CDS LOGISTICS MANAGEMENT, INC.
> **$1.52M** approved 04/15/2020 · Paid in Full · Loan `8222407107`
## Borrower
- **Name:** CDS LOGISTICS MANAGEMENT, INC.
- **Address:** 1225 Bengies Road Suite A, Middle River, MD, 21220
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1000K
- **Rent:** $440K
- **Utilities:** $13K
- **Health care:** $64K
- **Jobs reported:** 143
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*