PPP Loan information for Sologic llc

$121,746

Sologic llc was initially approved for PPP Loan of amount $121,746, the current approved amount is $121,746. The loan was approved on 04/28/2020 by The Mercantile Bank reported 7 jobs and $121,746 was used to fund payroll.

Sologic llc is Existing or more than 2 years old

SOLOGIC LLC

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

121746.25

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

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48642-4610

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

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9591.63

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122783.59

Forgiveness Date

03/09/2021

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