# PPP loan: GRUPO LOGICO, LLC
> **$920K** approved 04/29/2020 · Paid in Full · Loan `3149557302`
## Borrower
- **Name:** GRUPO LOGICO, LLC
- **Address:** 42400 Grand River Ave, Suite 103 Novi, MI 48375-2572, Novi, MI, 48375-2572
- **NAICS:** 488510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $920K
- **Initial approval:** $920K
- **Forgiven:** $932K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $736K
- **Mortgage interest:** $184K
- **Jobs reported:** 59
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*