PPP Loan information for Pointright inc

$1,236,562

Pointright inc was initially approved for PPP Loan of amount $1,236,562, the current approved amount is $1,236,562. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 54 jobs and $1,236,562 was used to fund payroll.

Pointright inc is Existing or more than 2 years old

POINTRIGHT INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POINTRIGHT INC

Borrower Address

150 Cambridgepark Dr Suite 301

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02140

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1236562.40

Current Approval Amount

1236562.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02140-0001

CD

MA-05

Jobs Reported

54

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7645.00

Payroll Proceed

1130932.40

Mortgage Interest Proceed

0.00

Rent Proceed

97985.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1243363.49

Forgiveness Date

11/23/2020

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