# PPP loan: SALSON LOGISTICS INC
> **$4.51M** approved 04/28/2020 · Paid in Full · Loan `8279077203`
## Borrower
- **Name:** SALSON LOGISTICS INC
- **Address:** 888 Doremus Avenue, Newark, NJ, 07114
- **NAICS:** 484110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.51M
- **Initial approval:** $4.51M
- **Forgiven:** $4.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.51M
- **Jobs reported:** 495
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*