PPP Loan information for Focal point inc

$185,677

Focal point inc was initially approved for PPP Loan of amount $185,677, the current approved amount is $185,677. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 11 jobs and $185,677 was used to fund payroll.

Focal point inc is Existing or more than 2 years old

FOCAL POINT INC

Date Approved

04/28/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

FOCAL POINT INC

Borrower Address

2638 ASHBY AVE

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94705

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185677.00

Current Approval Amount

185677.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94705-0001

CD

CA-12

Jobs Reported

11

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

150677.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188103.52

Forgiveness Date

08/20/2021

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