# PPP loan: NORTHPOINT MORTGAGE, INC
> **$1.43M** approved 04/16/2020 · Paid in Full · Loan `2516317200`
## Borrower
- **Name:** NORTHPOINT MORTGAGE, INC
- **Address:** 559 Main St Suite 302, Sturbridge, MA, 01518
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.46M (102%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **Jobs reported:** 74
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*