PPP Loan information for Logan systems inc

$299,100

Logan systems inc was initially approved for PPP Loan of amount $299,100, the current approved amount is $299,100. The loan was approved on 05/04/2020 by The Bank of Oak Ridge reported 20 jobs and $299,100 was used to fund payroll.

Logan systems inc is Existing or more than 2 years old

PPP Loan Search / NC / Greensboro / Logan systems inc

LOGAN SYSTEMS INC

Date Approved

05/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LOGAN SYSTEMS INC

Borrower Address

4003 Clifton Rd

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27407

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299100.00

Current Approval Amount

299100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-0100

CD

NC-06

Jobs Reported

20

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

299100.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301833.44

Forgiveness Date

03/31/2021

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