# PPP loan: THE POINT GROUP INC.
> **$572K** approved 04/06/2020 · Paid in Full · Loan `6110877006`
## Borrower
- **Name:** THE POINT GROUP INC.
- **Address:** 5949 SHERRY LN Suite 1800, DALLAS, TX, 75225-0016
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Rent:** $95K
- **Utilities:** $20K
- **Jobs reported:** 32
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*