# PPP loan: LOGICORE CORPORATION
> **$1.62M** approved 03/13/2021 · Exemption 4 · Loan `1672568601`
## Borrower
- **Name:** LOGICORE CORPORATION
- **Address:** 345 Voyager Way NW, Huntsville, AL, 35806-3201
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.58M (98%)
- **Forgiveness date:** 06/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*