# PPP loan: GRID LOGIC INCORPORATED
> **$160K** approved 02/06/2021 · Paid in Full · Loan `4473308409`
## Borrower
- **Name:** GRID LOGIC INCORPORATED
- **Address:** 1555 Atlantic Blvd, Auburn Hills, MI, 48326-1501
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*