Logan Heating and Air Conditioning, Inc.

$724,100 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
5437307007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$724,100
Current Approval
$724,100
Forgiveness Amount
$733,151
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Logan Heating and Air Conditioning, Inc.
Address
5142 North Causeway Dr.
ZIP Code
27106
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423720)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$20.5M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$673,980
Rent
$13,400
Utilities
$3,600
Health Care
$29,400
Debt Interest
$3,720

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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