PPP Loan information for Pralogic technologies

$41,700

Pralogic technologies was initially approved for PPP Loan of amount $41,700, the current approved amount is $41,700. The loan was approved on 06/16/2020 by The Loyal Trust Bank reported 4 jobs and $41,700 was used to fund payroll.

Pralogic technologies is Existing or more than 2 years old

PRALOGIC TECHNOLOGIES

Date Approved

06/16/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PRALOGIC TECHNOLOGIES

Borrower Address

2305 BANCROFT PASS

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30041-2622

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41700.00

Current Approval Amount

41700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

527106

Servicing Lender Name

Loyal Trust Bank

Servicing Lender Address

11675 Medlock Bridge Rd

Servicing Lender City

JOHNS CREEK

Servicing Lender State

GA

Servicing Lender Zip

30097-1565

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30041-2622

CD

GA-06

Jobs Reported

4

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25020.00

Mortgage Interest Proceed

0.00

Rent Proceed

16680.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

527106

Originating Lender

Loyal Trust Bank

Originating Lender City

JOHNS CREEK

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41908.50

Forgiveness Date

12/16/2020

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