# PPP loan: Z AND A INFOTEK CORPORATION
> **$2.51M** approved 04/13/2020 · Charged Off · Loan `4725757100`
## Borrower
- **Name:** Z AND A INFOTEK CORPORATION
- **Address:** 160 LITTLETON RD, PARSIPPANY, NJ, 07054-1802
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.51M
- **Initial approval:** $2.51M
- **Forgiven:** $970K (39%)
- **Forgiveness date:** 03/22/2022
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $2.51M
- **Jobs reported:** 125
## Lender
- **Originating:** Financial Resources FCU
- **Servicing:** Financial Resources FCU (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*