PPP Loan information for Logicore corporation

$1,617,605

Logicore corporation was initially approved for PPP Loan of amount $1,617,605, the current approved amount is $1,617,605. The loan was approved on 03/13/2021 by The Regions Bank reported 88 jobs and $1,617,605 was used to fund payroll.

Logicore corporation is Existing or more than 2 years old

LOGICORE CORPORATION

Date Approved

03/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

LOGICORE CORPORATION

Borrower Address

345 Voyager Way NW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35806-3201

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1617605.00

Current Approval Amount

1617605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35806-3201

CD

AL-05

Jobs Reported

88

NAICS Code

541990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1617599.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1580087.20

Forgiveness Date

06/22/2022

;