PPP Loan information for Logic control systems llc

$749,942

Logic control systems llc was initially approved for PPP Loan of amount $749,942, the current approved amount is $749,942. The loan was approved on 02/12/2021 by The Hancock Whitney Bank reported 45 jobs and $749,942 was used to fund payroll.

Logic control systems llc is Existing or more than 2 years old

LOGIC CONTROL SYSTEMS LLC

Date Approved

02/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LOGIC CONTROL SYSTEMS LLC

Borrower Address

210 Derrick Rd

Borrower City

Broussard

Borrower State

LA

Borrower Zip

70518-7111

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

749942.00

Current Approval Amount

749942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Broussard

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70518-7111

CD

LA-03

Jobs Reported

45

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

749939.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

759357.94

Forgiveness Date

05/16/2022

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