PPP Loan information for Logic controls, inc.

$573,500

Logic controls, inc. was initially approved for PPP Loan of amount $573,500, the current approved amount is $573,500. The loan was approved on 04/09/2020 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 33 jobs and $573,500 was used to fund payroll.

Logic controls, inc. is Existing or more than 2 years old

PPP Loan Search / FL / ORLANDO / Logic controls, inc.

LOGIC CONTROLS, INC.

Date Approved

04/09/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

LOGIC CONTROLS, INC.

Borrower Address

404 Sunport Lane

Borrower City

ORLANDO

Borrower State

FL

Borrower Zip

32809-7873

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

573500.00

Current Approval Amount

573500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORLANDO

Project County Name

ORANGE

Project State

FL

Project Zip

32809-7873

CD

FL-09

Jobs Reported

33

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19400.00

Payroll Proceed

506100.00

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

577068.44

Forgiveness Date

11/30/2020

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