PPP Loan information for Logic solutions inc

$396,562

Logic solutions inc was initially approved for PPP Loan of amount $396,562, the current approved amount is $396,562. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 28 jobs and $396,562 was used to fund payroll.

Logic solutions inc is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Logic solutions inc

LOGIC SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOGIC SOLUTIONS INC

Borrower Address

2929 Plymouth Rd. Ste 207

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48105

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396562.00

Current Approval Amount

396562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48105-0500

CD

MI-06

Jobs Reported

28

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

322562.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33000.00

Debt Interest Proceed

12000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399433.55

Forgiveness Date

01/25/2021

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