Logical Solutions, Inc.

$993,800 PPP Loan in Richardson, Texas

Loan Details

Loan Number
6125517006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$993,800
Current Approval
$993,800
Forgiveness Amount
$999,321
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Logical Solutions, Inc.
Address
407 International Parkway 406
State
Texas
ZIP Code
75081-2854
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$21.2M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$800,000
Rent
$20,000
Utilities
$63,800
Health Care
$75,000
Mortgage Interest
$35,000

Lender Information

Servicing Lender
Texas Security Bank
Originating Lender
Texas Security Bank

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