PPP Loan information for Logic technology, inc.

$900,000

Logic technology, inc. was initially approved for PPP Loan of amount $900,000, the current approved amount is $900,000. The loan was approved on 05/13/2020 by The Trustco Bank reported 45 jobs and $900,000 was used to fund payroll.

Logic technology, inc. is Unanswered

PPP Loan Search / NY / SCHENECTADY / Logic technology, inc.

LOGIC TECHNOLOGY, INC.

Date Approved

05/13/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

LOGIC TECHNOLOGY, INC.

Borrower Address

650 Franklin St.

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12305-2118

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900000.00

Current Approval Amount

900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89116

Servicing Lender Name

Trustco Bank

Servicing Lender Address

1 Sarnowski Dr

Servicing Lender City

GLENVILLE

Servicing Lender State

NY

Servicing Lender Zip

12302-3503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SCHENECTADY

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12305-2118

CD

NY-20

Jobs Reported

45

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900000.00

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

89116

Originating Lender

Trustco Bank

Originating Lender City

GLENVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

904200.00

Forgiveness Date

11/03/2020

;