# PPP loan: POINTRIGHT INC
> **$1.24M** approved 04/27/2020 · Paid in Full · Loan `4226097207`
## Borrower
- **Name:** POINTRIGHT INC
- **Address:** 150 Cambridgepark Dr Suite 301, Cambridge, MA, 02140
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $98K
- **Utilities:** $8K
- **Jobs reported:** 54
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*