PPP Loan information for Logic planet inc

$2,000,000

Logic planet inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/18/2021 by The PNC Bank, National Association reported 161 jobs and $2,000,000 was used to fund payroll.

Logic planet inc is Existing or more than 2 years old

LOGIC PLANET INC

Date Approved

03/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LOGIC PLANET INC

Borrower Address

4525 Route 27 4525 Route 27

Borrower City

Princeton

Borrower State

NJ

Borrower Zip

08540-8718

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08540-8718

CD

NJ-12

Jobs Reported

161

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2027222.22

Forgiveness Date

07/26/2022

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