PPP Loan information for Logic information systems, inc.

$2,500,027

Logic information systems, inc. was initially approved for PPP Loan of amount $2,500,027, the current approved amount is $2,500,027. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 122 jobs and $2,500,027 was used to fund payroll.

Logic information systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Logic information systems, inc.

LOGIC INFORMATION SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOGIC INFORMATION SYSTEMS, INC.

Borrower Address

3800 American Blvd, Suite 1200 0.0

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55431-4427

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500027.00

Current Approval Amount

2500027.00

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

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55431-4427

CD

MN-03

Jobs Reported

122

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2100027.00

Mortgage Interest Proceed

0.00

Rent Proceed

150000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

50000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2532421.79

Forgiveness Date

07/30/2021

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