PPP Loan information for Industrial logic, inc

$427,000

Industrial logic, inc was initially approved for PPP Loan of amount $427,000, the current approved amount is $427,000. The loan was approved on 05/12/2020 by The Manufacturers and Traders Trust Company reported 26 jobs and $427,000 was used to fund payroll.

Industrial logic, inc is Existing or more than 2 years old

PPP Loan Search / CA / Berkeley / Industrial logic, inc

INDUSTRIAL LOGIC, INC

Date Approved

05/12/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

INDUSTRIAL LOGIC, INC

Borrower Address

829 Bancroft Way

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94710

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427000.00

Current Approval Amount

427000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-1002

CD

CA-12

Jobs Reported

26

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331341.00

Mortgage Interest Proceed

0.00

Rent Proceed

5289.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90370.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

432287.78

Forgiveness Date

08/10/2021

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