PPP Loan information for Applied logic corporation

$173,345

Applied logic corporation was initially approved for PPP Loan of amount $173,345, the current approved amount is $173,345. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 10 jobs and $173,345 was used to fund payroll.

Applied logic corporation is Existing or more than 2 years old

APPLIED LOGIC CORPORATION

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

APPLIED LOGIC CORPORATION

Borrower Address

174 SHORE POINTE PL N STE 100

Borrower City

KEIZER

Borrower State

OR

Borrower Zip

97303

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173345.00

Current Approval Amount

173345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KEIZER

Project County Name

MARION

Project State

OR

Project Zip

97303-0001

CD

OR-06

Jobs Reported

10

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1400.00

Payroll Proceed

144945.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174416.18

Forgiveness Date

12/15/2020

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