# PPP loan: LOGICS, LLC
> **$255K** approved 04/27/2020 · Paid in Full · Loan `4318187207`
## Borrower
- **Name:** LOGICS, LLC
- **Address:** 1001 NAVAHO DR Ste 204, RALEIGH, NC, 27609-7335
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 20
## Lender
- **Originating:** The First National Bank of Absecon
- **Servicing:** The First National Bank of Absecon (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*