# PPP loan: ON-POINT DEFENSE TECHNOLOGIES LLC
> **$250K** approved 04/12/2020 · Paid in Full · Loan `3875427107`
## Borrower
- **Name:** ON-POINT DEFENSE TECHNOLOGIES LLC
- **Address:** 737 HOLLYWOOD BLVD NW, FORT WALTON BEACH, FL, 32548-3885
- **NAICS:** 332912
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 14
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*