PPP Loan information for Advanced logic industries, inc.

$574,900

Advanced logic industries, inc. was initially approved for PPP Loan of amount $574,900, the current approved amount is $574,900. The loan was approved on 04/08/2020 by The The National Bank of Blacksburg reported 25 jobs and $574,900 was used to fund payroll.

Advanced logic industries, inc. is Existing or more than 2 years old

PPP Loan Search / VA / BLACKSBURG / Advanced logic industries, inc.

ADVANCED LOGIC INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADVANCED LOGIC INDUSTRIES, INC.

Borrower Address

1750 KRAFT DR, SUITE 1200

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060-6138

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

574900.00

Current Approval Amount

574900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-6138

CD

VA-09

Jobs Reported

25

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

143725.00

Payroll Proceed

431175.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580727.75

Forgiveness Date

04/20/2021

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