PPP Loan information for Logicore corporation

$1,793,900

Logicore corporation was initially approved for PPP Loan of amount $1,793,900, the current approved amount is $1,793,900. The loan was approved on 05/01/2020 by The Regions Bank reported 39 jobs and $1,793,900 was used to fund payroll.

Logicore corporation is Existing or more than 2 years old

LOGICORE CORPORATION

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LOGICORE CORPORATION

Borrower Address

345 Voyager Way,

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35806

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1793900.00

Current Approval Amount

1793900.00

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

N

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

35806-0002

CD

AL-05

Jobs Reported

39

NAICS Code

541611

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1793900.00

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

1728450.52

Forgiveness Date

04/13/2022

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