PPP Loan information for Zero point development, inc.

$247,200

Zero point development, inc. was initially approved for PPP Loan of amount $247,200, the current approved amount is $247,200. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 8 jobs and $247,200 was used to fund payroll.

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

ZERO POINT DEVELOPMENT, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ZERO POINT DEVELOPMENT, INC.

Borrower Address

309 East COUNTY RD

Borrower City

RUTLAND

Borrower State

MA

Borrower Zip

01543-2040

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247200.00

Current Approval Amount

247200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUTLAND

Project County Name

WORCESTER

Project State

MA

Project Zip

01543-2040

CD

MA-02

Jobs Reported

8

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247200.00

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

250125.20

Forgiveness Date

06/11/2021

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