PPP Loan information for Launchpoint software systems, inc.

$135,069

Launchpoint software systems, inc. was initially approved for PPP Loan of amount $135,069, the current approved amount is $135,069. The loan was approved on 05/12/2020 by The CIBM Bank reported 10 jobs and $135,069 was used to fund payroll.

Launchpoint software systems, inc. is Existing or more than 2 years old

PPP Loan Search / IL / PEORIA / Launchpoint software systems, inc.

LAUNCHPOINT SOFTWARE SYSTEMS, INC.

Date Approved

05/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LAUNCHPOINT SOFTWARE SYSTEMS, INC.

Borrower Address

60 STATE ST

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61602-5152

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135068.89

Current Approval Amount

135068.89

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20240

Servicing Lender Name

CIBM Bank

Servicing Lender Address

2913 W Kirby Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61821-5301

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61602-5152

CD

IL-17

Jobs Reported

10

NAICS Code

541511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135068.89

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

Subchapter S Corporation

Originating Lender Location Id

20240

Originating Lender

CIBM Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135697.98

Forgiveness Date

11/05/2020

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