# PPP loan: POINT MORTGAGE CORPORATION
> **$3.18M** approved 04/09/2020 · Paid in Full · Loan `9875297004`
## Borrower
- **Name:** POINT MORTGAGE CORPORATION
- **Address:** 864 AMENA CT, CHULA VISTA, CA, 91910-7802
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.18M
- **Initial approval:** $3.18M
- **Forgiven:** $3.24M (102%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.18M
- **Jobs reported:** 184
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*