PPP Loan information for The focal point

$80,000

The focal point was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 02/07/2021 by The Readycap Lending, LLC reported 6 jobs and $80,000 was used to fund payroll.

The focal point is Existing or more than 2 years old

THE FOCAL POINT

Date Approved

02/07/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

THE FOCAL POINT

Borrower Address

Ashby Avenue

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94705

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94705

CD

CA-13

Jobs Reported

6

NAICS Code

446130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

79997.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80591.78

Forgiveness Date

11/10/2021

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