PPP Loan information for Logical technology inc.

$91,000

Logical technology inc. was initially approved for PPP Loan of amount $91,000, the current approved amount is $91,000. The loan was approved on 01/23/2021 by The Morton Community Bank reported 6 jobs and $91,000 was used to fund payroll.

Logical technology inc. is Existing or more than 2 years old

LOGICAL TECHNOLOGY INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LOGICAL TECHNOLOGY INC.

Borrower Address

2601 W Lake Ave Ste 6A

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61615-3777

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91000.00

Current Approval Amount

91000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61615-3777

CD

IL-17

Jobs Reported

6

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91000.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91510.61

Forgiveness Date

08/16/2021

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