# PPP loan: LOGIC HEALTHCARE
> **$1.35M** approved 04/10/2020 · Charged Off · Loan `1773937107`
## Borrower
- **Name:** LOGIC HEALTHCARE
- **Address:** 501 S. Cherry St. Ste. 420, Denver, CO, 80246-1302
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $611K (45%)
- **Forgiveness date:** 06/24/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 39
## Lender
- **Originating:** 5Star Bank
- **Servicing:** 5Star Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*