# PPP loan: AMHERST LOGISTICS INC
> **$158K** approved 04/15/2020 · Paid in Full · Loan `9628817106`
## Borrower
- **Name:** AMHERST LOGISTICS INC
- **Address:** 10 MAIN ST. STE. 112, WOODBRIDGE, NJ, 07095
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Debt interest:** $5K
- **Jobs reported:** 27
## 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*