PPP Loan information for Zero point development inc

$263,750

Zero point development inc was initially approved for PPP Loan of amount $263,750, the current approved amount is $263,750. The loan was approved on 03/12/2021 by The Cornerstone Bank reported 10 jobs and $263,750 was used to fund payroll.

Zero point development inc is Existing or more than 2 years old

PPP Loan Search / MA / Worcester / Zero point development inc

ZERO POINT DEVELOPMENT INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ZERO POINT DEVELOPMENT INC

Borrower Address

10 E Worcester St # 3A

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01604-3612

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263750.00

Current Approval Amount

263750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-3612

CD

MA-02

Jobs Reported

10

NAICS Code

531390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263748.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265713.47

Forgiveness Date

12/09/2021

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