PPP Loan information for The balancing point

$24,700

The balancing point was initially approved for PPP Loan of amount $24,700, the current approved amount is $24,700. The loan was approved on 04/05/2020 by The City National Bank of Florida reported 2 jobs and $24,700 was used to fund payroll.

The balancing point is Existing or more than 2 years old

THE BALANCING POINT

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE BALANCING POINT

Borrower Address

104 S Chalkville Rd Suite 105

Borrower City

TRUSSVILLE

Borrower State

AL

Borrower Zip

35173-1408

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24700.00

Current Approval Amount

24700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRUSSVILLE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35173-1408

CD

AL-06

Jobs Reported

2

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6175.00

Payroll Proceed

18525.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24877.98

Forgiveness Date

01/19/2021

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