PPP Loan information for Zak's corporation

$93,300

Zak's corporation was initially approved for PPP Loan of amount $93,300, the current approved amount is $93,300. The loan was approved on 01/25/2021 by The TowneBank reported 24 jobs and $93,300 was used to fund payroll.

Zak's corporation is Existing or more than 2 years old

ZAK'S CORPORATION

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ZAK'S CORPORATION

Borrower Address

313 W Bute St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23510-1301

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93300.00

Current Approval Amount

93300.00

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

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23510-1301

CD

VA-03

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

93298.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93657.65

Forgiveness Date

06/23/2021

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