PPP Loan information for Grupo logico, llc

$920,300

Grupo logico, llc was initially approved for PPP Loan of amount $920,300, the current approved amount is $920,300. The loan was approved on 04/29/2020 by The Comerica Bank reported 59 jobs and $920,300 was used to fund payroll.

Grupo logico, llc is Existing or more than 2 years old

GRUPO LOGICO, LLC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRUPO LOGICO, LLC

Borrower Address

42400 Grand River Ave, Suite 103 Novi, MI 48375-2572

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-2572

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

920300.00

Current Approval Amount

920300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-2572

CD

MI-06

Jobs Reported

59

NAICS Code

488510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

736256.00

Mortgage Interest Proceed

184044.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

931701.49

Forgiveness Date

07/29/2021

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