PPP Loan information for Logical systems, llc

$3,919,010

Logical systems, llc was initially approved for PPP Loan of amount $3,919,010, the current approved amount is $3,919,010. The loan was approved on 04/07/2020 by The First Horizon Bank reported 223 jobs and $3,919,010 was used to fund payroll.

Logical systems, llc is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Logical systems, llc

LOGICAL SYSTEMS, LLC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LOGICAL SYSTEMS, LLC

Borrower Address

2756 Appling Center Cove

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38133-5071

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3919010.00

Current Approval Amount

3919010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38133-5071

CD

TN-08

Jobs Reported

223

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21966.00

Payroll Proceed

3748171.00

Mortgage Interest Proceed

6761.00

Rent Proceed

142112.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3965276.09

Forgiveness Date

06/23/2021

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