PPP Loan information for Park point inc

$127,275

Park point inc was initially approved for PPP Loan of amount $127,275, the current approved amount is $127,275. The loan was approved on 03/26/2021 by The Bell Bank reported 40 jobs and $127,275 was used to fund payroll.

Park point inc is Existing or more than 2 years old

PARK POINT INC

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PARK POINT INC

Borrower Address

7362 University Ave NE Ste 211

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-3151

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127275.00

Current Approval Amount

127275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-3151

CD

MN-05

Jobs Reported

40

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127269.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127646.22

Forgiveness Date

07/23/2021

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