PPP Loan information for ZIMMERMAN MARINE INC
$702,000

ZIMMERMAN MARINE INC was initially approved for PPP Loan of amount $702,000, the current approved amount is $702,000.
The loan was approved on 04/10/2020 by Chesapeake Bank , VA. ZIMMERMAN MARINE INC reported 66 jobs and $554,000 was used to fund payroll.

ZIMMERMAN MARINE INC is Employee Stock Ownership Plan(ESOP) business based in XXX HERON POINT RD, CARDINAL , VA 23025-2022

Loans associated with ZIMMERMAN MARINE INC
Items Values
LoanNumber 1330747110
DateApproved 04/10/2020
SBAOfficeCode 0304
ProcessingMethod PPP
BorrowerName ZIMMERMAN MARINE INC
BorrowerAddress XXX HERON POINT RD
BorrowerCity CARDINAL
BorrowerState VA
BorrowerZip 23025-2022
LoanStatusDate 02/20/2021
LoanStatus Paid in Full
Term 24
SBAGuarantyPercentage 100
InitialApprovalAmount $702,000
CurrentApprovalAmount $702,000
UndisbursedAmount 0
FranchiseName
ServicingLenderLocationID 73496
ServicingLenderName Chesapeake Bank
ServicingLenderAddress 97 N Main St
ServicingLenderCity KILMARNOCK
ServicingLenderState VA
ServicingLenderZip 22482-8501
RuralUrbanIndicator R
HubzoneIndicator N
LMIIndicator N
BusinessAgeDescription Existing or more than 2 years old
ProjectCity CARDINAL
ProjectCountyName MATHEWS
ProjectState VA
ProjectZip 23025-2022
CD VA-01
JobsReported 66
NAICSCode 336612
Race Unanswered
Ethnicity Unknown/NotStated
UTILITIES_PROCEED 11000
PAYROLL_PROCEED 554000
MORTGAGE_INTEREST_PROCEED 11000
RENT_PROCEED 82000
REFINANCE_EIDL_PROCEED
HEALTH_CARE_PROCEED
DEBT_INTEREST_PROCEED 44000
BusinessType Employee Stock Ownership Plan(ESOP)
OriginatingLenderLocationID 73496
OriginatingLender Chesapeake Bank
OriginatingLenderCity KILMARNOCK
OriginatingLenderState VA
Gender Unanswered
Veteran Unanswered
NonProfit