PPP Loan information for Quad logic inc

$78,600

Quad logic inc was initially approved for PPP Loan of amount $78,600, the current approved amount is $78,600. The loan was approved on 06/16/2020 by The 21st Century Bank reported 9 jobs and $78,600 was used to fund payroll.

Quad logic inc is New Business or 2 years or less

PPP Loan Search / MN / RAMSEY / Quad logic inc

QUAD LOGIC INC

Date Approved

06/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

QUAD LOGIC INC

Borrower Address

14220 BASALT ST NW

Borrower City

RAMSEY

Borrower State

MN

Borrower Zip

55303-4533

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78600.00

Current Approval Amount

78600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RAMSEY

Project County Name

ANOKA

Project State

MN

Project Zip

55303-4533

CD

MN-06

Jobs Reported

9

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78600.00

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

Subchapter S Corporation

Originating Lender Location Id

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79032.30

Forgiveness Date

01/07/2021

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