PPP Loan information for Point power inc

$204,557

Point power inc was initially approved for PPP Loan of amount $204,557, the current approved amount is $204,557. The loan was approved on 04/28/2020 by The Bank of America, National Association reported 9 jobs and $204,557 was used to fund payroll.

Point power inc is Existing or more than 2 years old

POINT POWER INC

Date Approved

04/28/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

POINT POWER INC

Borrower Address

5740 RED CEDAR ST

Borrower City

PENSACOLA

Borrower State

FL

Borrower Zip

32507-8313

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204557.00

Current Approval Amount

204557.00

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

Existing or more than 2 years old

Project City

PENSACOLA

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32507-8313

CD

FL-01

Jobs Reported

9

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

204557.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205874.01

Forgiveness Date

12/22/2020

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