PPP Loan information for Logo motive inc

$148,088

Logo motive inc was initially approved for PPP Loan of amount $148,088, the current approved amount is $148,088. The loan was approved on 01/26/2021 by The Summit Community Bank, Inc. reported 22 jobs and $148,088 was used to fund payroll.

Logo motive inc is Existing or more than 2 years old

LOGO MOTIVE INC

Date Approved

01/26/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

LOGO MOTIVE INC

Borrower Address

35576 Airport Rd

Borrower City

Rehoboth Beach

Borrower State

DE

Borrower Zip

19971-4620

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148087.50

Current Approval Amount

148087.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rehoboth Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-4620

CD

DE-

Jobs Reported

22

NAICS Code

423910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148087.50

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149185.82

Forgiveness Date

10/22/2021

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