# PPP loan: MICROLOGIC INC
> **$152K** approved 04/16/2020 · Paid in Full · Loan `3076267209`
## Borrower
- **Name:** MICROLOGIC INC
- **Address:** 1120 OLD ELKINS RD, BUCKHANNON, WV, 26201-3568
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $166K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 20
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*