# PPP loan: M-LOGIC INC
> **$339K** approved 02/13/2021 · Paid in Full · Loan `8274048409`
## Borrower
- **Name:** M-LOGIC INC
- **Address:** 68 Kensington Cir, Manhasset, NY, 11030-4106
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $297K (88%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 58 months
## Use of funds
- **Payroll:** $339K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*