PPP Loan information for Training logic, inc

$155,300

Training logic, inc was initially approved for PPP Loan of amount $155,300, the current approved amount is $155,300. The loan was approved on 04/07/2020 by The Origin Bank reported 9 jobs and $155,300 was used to fund payroll.

Training logic, inc is Existing or more than 2 years old

TRAINING LOGIC, INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

TRAINING LOGIC, INC

Borrower Address

192 DOWNS RD

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-6984

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155300.00

Current Approval Amount

155300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-6984

CD

LA-05

Jobs Reported

9

NAICS Code

611430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155300.00

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

Subchapter S Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156533.77

Forgiveness Date

01/27/2021

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