PPP Loan information for Zero point inc.

$884,700

Zero point inc. was initially approved for PPP Loan of amount $884,700, the current approved amount is $884,700. The loan was approved on 04/10/2020 by The TowneBank reported 51 jobs and $884,700 was used to fund payroll.

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

ZERO POINT INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ZERO POINT INC.

Borrower Address

2125 McComas Way Suite 103

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23322

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

884700.00

Current Approval Amount

884700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23322-0001

CD

VA-02

Jobs Reported

51

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

884700.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

890131.08

Forgiveness Date

11/23/2020

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