# PPP loan: LOGC2, INC.
> **$529K** approved 04/10/2020 · Paid in Full · Loan `1342137101`
## Borrower
- **Name:** LOGC2, INC.
- **Address:** 2400 RED BANK RD SE, DECATUR, AL, 35603-5028
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Rent:** $9K
- **Jobs reported:** 32
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*