# PPP loan: NETLOGICDC LLC
> **$330K** approved 01/28/2021 · Paid in Full · Loan `7437218304`
## Borrower
- **Name:** NETLOGICDC LLC
- **Address:** 7550 Wisconsin Ave Ste B1, Bethesda, MD, 20814-6599
- **NAICS:** 811212
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $330K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*