PPP Loan information for Logical development, inc.

$19,900

Logical development, inc. was initially approved for PPP Loan of amount $19,900, the current approved amount is $19,900. The loan was approved on 04/14/2020 by The Farmers and Merchants State Bank reported 2 jobs and $19,900 was used to fund payroll.

Logical development, inc. is Existing or more than 2 years old

PPP Loan Search / IA / WINTERSET / Logical development, inc.

LOGICAL DEVELOPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LOGICAL DEVELOPMENT, INC.

Borrower Address

112 N 1ST AVE SUITE 2

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-1596

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19900.00

Current Approval Amount

19900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25620

Servicing Lender Name

Farmers and Merchants State Bank

Servicing Lender Address

101 W Jefferson St

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-1546

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-1596

CD

IA-03

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19900.00

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

25620

Originating Lender

Farmers and Merchants State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20031.39

Forgiveness Date

12/15/2020

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