PPP Loan information for Studypoint, inc.

$967,300

Studypoint, inc. was initially approved for PPP Loan of amount $967,300, the current approved amount is $967,300. The loan was approved on 04/05/2020 by The Main Street Bank reported 52 jobs and $967,300 was used to fund payroll.

Studypoint, inc. is Existing or more than 2 years old

STUDYPOINT, INC.

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STUDYPOINT, INC.

Borrower Address

5 Cyrstal Circle

Borrower City

ANDOVER

Borrower State

MA

Borrower Zip

01810-4892

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

967300.00

Current Approval Amount

967300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01810-4892

CD

MA-06

Jobs Reported

52

NAICS Code

611691

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

967300.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

898862.25

Forgiveness Date

07/02/2021

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