Industrial Logic, INC

$427,000 PPP Loan in Berkeley, California

Loan Details

Loan Number
5471207408
Date Approved
May 12, 2020
Loan Status
Paid in Full
Initial Approval
$427,000
Current Approval
$427,000
Forgiveness Amount
$432,288
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Logic, INC
Address
829 Bancroft Way
ZIP Code
94710
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
CA-12

Loan Use Breakdown

Payroll
$331,341
Rent
$5,289
Health Care
$90,370

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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