# PPP loan: C & M LOGISTICS INC
> **$154K** approved 04/08/2020 · Charged Off · Loan `8343497010`
## Borrower
- **Name:** C & M LOGISTICS INC
- **Address:** 222 VALLEY DR, LINDENHURST, IL, 60046-9219
- **NAICS:** 488510
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $3K (2%)
- **Forgiveness date:** 02/24/2022
- **Status:** Charged Off
- **Term:** 121 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 7
## Lender
- **Originating:** State Bank of the Lakes, National Association
- **Servicing:** State Bank of the Lakes, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*