PPP Loan information for Logic hydraulic controls inc.

$283,500

Logic hydraulic controls inc. was initially approved for PPP Loan of amount $283,500, the current approved amount is $283,500. The loan was approved on 04/28/2020 by The First National Bank of Pennsylvania reported 26 jobs and $283,500 was used to fund payroll.

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

PPP Loan Search / NC / WILMINGTON / Logic hydraulic controls inc.

LOGIC HYDRAULIC CONTROLS INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LOGIC HYDRAULIC CONTROLS INC.

Borrower Address

6616 WINDMILL WAY

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28405-3745

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283500.00

Current Approval Amount

283500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-3745

CD

NC-07

Jobs Reported

26

NAICS Code

332912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

283500.00

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

Subchapter S Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

246488.13

Forgiveness Date

08/09/2021

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