# PPP loan: LOGAN INSTRUMENTS CORP
> **$177K** approved 05/01/2020 · Paid in Full · Loan `8918967305`
## Borrower
- **Name:** LOGAN INSTRUMENTS CORP
- **Address:** 19C SCHOOL HOUSE RD, SOMERSET, NJ, 08873
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $42K (24%)
- **Forgiveness date:** 12/28/2023
- **Status:** Paid in Full
- **Term:** 2 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 21
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*