PPP Loan information for The octagon group, inc.

$65,500

The octagon group, inc. was initially approved for PPP Loan of amount $80,600, the current approved amount is $65,500. The loan was approved on 04/07/2020 by The Commercial Bank of Texas, N.A. reported 5 jobs and $65,500 was used to fund payroll.

The octagon group, inc. is Existing or more than 2 years old

THE OCTAGON GROUP, INC.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

THE OCTAGON GROUP, INC.

Borrower Address

7200 West University Drive

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75071-6652

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80600.00

Current Approval Amount

65500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71501

Servicing Lender Name

Commercial Bank of Texas, N.A.

Servicing Lender Address

215 E Main St

Servicing Lender City

NACOGDOCHES

Servicing Lender State

TX

Servicing Lender Zip

75961-5257

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75071-6652

CD

TX-03

Jobs Reported

5

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12500.00

Payroll Proceed

53000.00

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

71501

Originating Lender

Commercial Bank of Texas, N.A.

Originating Lender City

NACOGDOCHES

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65894.79

Forgiveness Date

11/17/2020

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