PPP Loan information for Point5

$112,500

Point5 was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/29/2020 by The Citizens Bank, National Association reported 6 jobs and $112,500 was used to fund payroll.

Point5 is Existing or more than 2 years old

POINT5

Date Approved

04/29/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

POINT5

Borrower Address

5 BRITTNEY LN

Borrower City

WESTBROOK

Borrower State

CT

Borrower Zip

06498-3556

Loan Status Date

12/16/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBROOK

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06498-3556

CD

CT-02

Jobs Reported

6

NAICS Code

519190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;