PPP Loan information for Zoom sewer & drain cleaning service, inc.

$700,000

Zoom sewer & drain cleaning service, inc. was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/15/2020 by The The Bancorp Bank National Association reported 53 jobs and $700,000 was used to fund payroll.

Zoom sewer & drain cleaning service, inc. is New Business or 2 years or less

PPP Loan Search / PA / Norristown / Zoom sewer & drain cleaning service, inc.

ZOOM SEWER & DRAIN CLEANING SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ZOOM SEWER & DRAIN CLEANING SERVICE, INC.

Borrower Address

915 S Trooper Rd

Borrower City

Norristown

Borrower State

PA

Borrower Zip

19403-2312

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Zoom Drain

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Norristown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19403-2312

CD

PA-04

Jobs Reported

53

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

700000.00

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

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

694293.33

Forgiveness Date

12/09/2020

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