# PPP loan: OLOGIC INC
> **$299K** approved 02/03/2021 · Paid in Full · Loan `2387838409`
## Borrower
- **Name:** OLOGIC INC
- **Address:** 3350 Scott Blvd Bldg 47, Santa Clara, CA, 95054-3121
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $300K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*