Logical Systems, LLC

$3,919,010 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
6701177010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,919,010
Current Approval
$3,919,010
Forgiveness Amount
$3,965,276
Forgiveness Date
Jun 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Logical Systems, LLC
Address
2756 Appling Center Cove
ZIP Code
38133-5071
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Existing or more than 2 years old
Jobs Reported
223
Estimated Revenue
$46.1M
Rural/Urban
Urban
Congressional District
TN-08

Loan Use Breakdown

Payroll
$3,748,171
Rent
$142,112
Utilities
$21,966
Mortgage Interest
$6,761

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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