Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SOLOGIC LLC
Borrower Address
2501 WASHINGTON ST
Borrower City
MIDLAND
Borrower State
MI
Borrower Zip
48642-4610
Loan Status Date
04/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
121746.25
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-04
Jobs Reported
7
NAICS Code
541611
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
750.00
Payroll Proceed
106404.62
Mortgage Interest Proceed
Rent Proceed
5000.00
Refinance EIDL Proceed
Health Care Proceed
9591.63
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
122783.59
Forgiveness Date
03/09/2021