PPP Loan information for Inflection point systems inc

$271,872

Inflection point systems inc was initially approved for PPP Loan of amount $271,872, the current approved amount is $271,872. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $271,872 was used to fund payroll.

Inflection point systems inc is New Business or 2 years or less

PPP Loan Search / MD / COLUMBIA / Inflection point systems inc

INFLECTION POINT SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

INFLECTION POINT SYSTEMS INC

Borrower Address

7142 COLUMBIA GATEWAY DR STE 120

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21046-3391

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

271872.00

Current Approval Amount

271872.00

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

New Business or 2 years or less

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21046-3391

CD

MD-03

Jobs Reported

10

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

271872.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274702.45

Forgiveness Date

05/21/2021

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