PPP Loan information for Logical logistics

$175,322

Logical logistics was initially approved for PPP Loan of amount $175,322, the current approved amount is $175,322. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 18 jobs and $175,322 was used to fund payroll.

Logical logistics is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Logical logistics

LOGICAL LOGISTICS

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOGICAL LOGISTICS

Borrower Address

4476 RICHMOND ST

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-1114

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175322.00

Current Approval Amount

175322.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49534-1114

CD

MI-02

Jobs Reported

18

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175322.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

176604.49

Forgiveness Date

01/19/2021

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