PPP Loan information for Logic material handling inc.

$87,526

Logic material handling inc. was initially approved for PPP Loan of amount $87,526, the current approved amount is $87,526. The loan was approved on 03/04/2021 by The Midland States Bank reported 8 jobs and $87,526 was used to fund payroll.

Logic material handling inc. is Existing or more than 2 years old

PPP Loan Search / MO / Saint Charles / Logic material handling inc.

LOGIC MATERIAL HANDLING INC.

Date Approved

03/04/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

LOGIC MATERIAL HANDLING INC.

Borrower Address

710 S Main St

Borrower City

Saint Charles

Borrower State

MO

Borrower Zip

63301-3443

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87526.27

Current Approval Amount

87526.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Charles

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63301-3443

CD

MO-03

Jobs Reported

8

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87524.27

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87907.55

Forgiveness Date

08/17/2021

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