PPP Loan information for Punch out team inc

$288,647

Punch out team inc was initially approved for PPP Loan of amount $288,647, the current approved amount is $288,647. The loan was approved on 03/26/2021 by The Bank of America, National Association reported 15 jobs and $288,647 was used to fund payroll.

Punch out team inc is Existing or more than 2 years old

PUNCH OUT TEAM INC

Date Approved

03/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PUNCH OUT TEAM INC

Borrower Address

403 Rock Lodge Rd

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-3403

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288647.00

Current Approval Amount

288647.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-3403

CD

MD-06

Jobs Reported

15

NAICS Code

238350

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

288647.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290268.17

Forgiveness Date

10/25/2021

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