# PPP loan: J&L TRANSPORT LLC
> **$187K** approved 01/29/2021 · Charged Off · Loan `8329708306`
## Borrower
- **Name:** J&L TRANSPORT LLC
- **Address:** 111 S Highland St # 353, Memphis, TN, 38111-4640
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $70K (37%)
- **Forgiveness date:** 03/10/2022
- **Status:** Charged Off
- **Term:** 29 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*