PPP Loan information for Point eight power, inc.

$1,739,203

Point eight power, inc. was initially approved for PPP Loan of amount $1,739,203, the current approved amount is $1,739,203. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 113 jobs and $1,739,203 was used to fund payroll.

Point eight power, inc. is Existing or more than 2 years old

POINT EIGHT POWER, INC.

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POINT EIGHT POWER, INC.

Borrower Address

2550 BELLE CHASSE HWY

Borrower City

GRETNA

Borrower State

LA

Borrower Zip

70053

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1739202.50

Current Approval Amount

1739202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRETNA

Project County Name

JEFFERSON

Project State

LA

Project Zip

70053-2000

CD

LA-02

Jobs Reported

113

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1739202.50

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1765532.09

Forgiveness Date

10/19/2021

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