PPP Loan information for Training logic inc

$122,302

Training logic inc was initially approved for PPP Loan of amount $122,302, the current approved amount is $122,302. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 10 jobs and $122,302 was used to fund payroll.

Training logic inc is Existing or more than 2 years old

TRAINING LOGIC INC

Date Approved

01/29/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

TRAINING LOGIC INC

Borrower Address

192 Downs Rd

Borrower City

Ruston

Borrower State

LA

Borrower Zip

71270-6984

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122302.00

Current Approval Amount

122302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

10

NAICS Code

611430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122300.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123588.68

Forgiveness Date

03/01/2022

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