# PPP loan: LOGIQ, INC.
> **$504K** approved 04/14/2020 · Paid in Full · Loan `6951237105`
## Borrower
- **Name:** LOGIQ, INC.
- **Address:** 225 THOMAS AVE N, MINNEAPOLIS, MN, 55405-3055
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Rent:** $49K
- **Jobs reported:** 20
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*