# PPP loan: THINKLOGIC INC
> **$423K** approved 02/16/2021 · Paid in Full · Loan `9230438400`
## Borrower
- **Name:** THINKLOGIC INC
- **Address:** 855 N Douglas St Fl 2, El Segundo, CA, 90245-2801
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $426K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*