PPP Loan information for Micrologic inc

$152,100

Micrologic inc was initially approved for PPP Loan of amount $166,000, the current approved amount is $152,100. The loan was approved on 04/16/2020 by The Peoples Bank reported 20 jobs and $152,100 was used to fund payroll.

Micrologic inc is Existing or more than 2 years old

PPP Loan Search / WV / BUCKHANNON / Micrologic inc

MICROLOGIC INC

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MICROLOGIC INC

Borrower Address

1120 OLD ELKINS RD

Borrower City

BUCKHANNON

Borrower State

WV

Borrower Zip

26201-3568

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166000.00

Current Approval Amount

152100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUCKHANNON

Project County Name

UPSHUR

Project State

WV

Project Zip

26201-3568

CD

WV-02

Jobs Reported

20

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

152100.00

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153012.60

Forgiveness Date

11/25/2020

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