# PPP loan: LOGIC TECHNOLOGY, INC.
> **$900K** approved 05/13/2020 · Paid in Full · Loan `5925217406`
## Borrower
- **Name:** LOGIC TECHNOLOGY, INC.
- **Address:** 650 Franklin St., SCHENECTADY, NY, 12305-2118
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $904K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Jobs reported:** 45
## Lender
- **Originating:** Trustco Bank
- **Servicing:** Trustco Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*