PPP Loan information for Logan steel inc.

$470,867

Logan steel inc. was initially approved for PPP Loan of amount $470,867, the current approved amount is $470,867. The loan was approved on 04/28/2020 by The Ion Bank reported 43 jobs and $470,867 was used to fund payroll.

Logan steel inc. is Existing or more than 2 years old

LOGAN STEEL INC.

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

LOGAN STEEL INC.

Borrower Address

119 EMPIRE AVE

Borrower City

MERIDEN

Borrower State

CT

Borrower Zip

06450-1928

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470867.00

Current Approval Amount

470867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06450-1928

CD

CT-05

Jobs Reported

43

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

470867.00

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

474156.62

Forgiveness Date

01/12/2021

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