PPP Loan information for Logical computer solutions inc

$294,500

Logical computer solutions inc was initially approved for PPP Loan of amount $294,500, the current approved amount is $294,500. The loan was approved on 04/07/2020 by The ServisFirst Bank reported 18 jobs and $294,500 was used to fund payroll.

Logical computer solutions inc is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Logical computer solutions inc

LOGICAL COMPUTER SOLUTIONS INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LOGICAL COMPUTER SOLUTIONS INC

Borrower Address

724 LAKESIDE DR W

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36693-5112

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294500.00

Current Approval Amount

294500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36693-5112

CD

AL-01

Jobs Reported

18

NAICS Code

561210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4300.00

Payroll Proceed

285200.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297158.68

Forgiveness Date

03/05/2021

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