PPP Loan information for Profit point inc

$307,305

Profit point inc was initially approved for PPP Loan of amount $307,305, the current approved amount is $307,305. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 15 jobs and $307,305 was used to fund payroll.

Profit point inc is Existing or more than 2 years old

PROFIT POINT INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PROFIT POINT INC

Borrower Address

24 AYERS ST

Borrower City

NORTH BROOKFIELD

Borrower State

MA

Borrower Zip

01535

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307305.00

Current Approval Amount

307305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BROOKFIELD

Project County Name

WORCESTER

Project State

MA

Project Zip

01535-0001

CD

MA-01

Jobs Reported

15

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307305.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310285.44

Forgiveness Date

04/28/2021

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