PPP Loan information for Netlogic solutions inc

$475,000

Netlogic solutions inc was initially approved for PPP Loan of amount $475,000, the current approved amount is $475,000. The loan was approved on 04/13/2020 by The Atlantic Union Bank reported 25 jobs and $475,000 was used to fund payroll.

Netlogic solutions inc is New Business or 2 years or less

PPP Loan Search / VA / CHANTILLY / Netlogic solutions inc

NETLOGIC SOLUTIONS INC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NETLOGIC SOLUTIONS INC

Borrower Address

14175 SULLYFIELD CIR STE 400

Borrower City

CHANTILLY

Borrower State

VA

Borrower Zip

20151-1616

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475000.00

Current Approval Amount

475000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHANTILLY

Project County Name

FAIRFAX

Project State

VA

Project Zip

20151-1616

CD

VA-11

Jobs Reported

25

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

475000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480792.36

Forgiveness Date

07/07/2021

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