# PPP loan: LOGIC CONTROLS, INC.
> **$574K** approved 04/09/2020 · Paid in Full · Loan `9739427001`
## Borrower
- **Name:** LOGIC CONTROLS, INC.
- **Address:** 404 Sunport Lane, ORLANDO, FL, 32809-7873
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Rent:** $48K
- **Utilities:** $19K
- **Jobs reported:** 33
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*