PPP Loan information for Flexpoint systems, inc.

$462,827

Flexpoint systems, inc. was initially approved for PPP Loan of amount $462,827, the current approved amount is $462,827. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 25 jobs and $462,827 was used to fund payroll.

Flexpoint systems, inc. is New Business or 2 years or less

FLEXPOINT SYSTEMS, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FLEXPOINT SYSTEMS, INC.

Borrower Address

13 BIRCH TREE CT

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-5220

Loan Status Date

04/18/2023

Loan Status

Charged Off

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

462827.00

Current Approval Amount

462827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-5220

CD

IL-06

Jobs Reported

25

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

462827.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;