# PPP loan: ZOOM TELEPHONICS INC
> **$583K** approved 04/06/2020 · Paid in Full · Loan `5794587008`
## Borrower
- **Name:** ZOOM TELEPHONICS INC
- **Address:** 225 FRANKLIN ST, BOSTON, MA, 02110-1923
- **NAICS:** 334417
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $583K
- **Initial approval:** $583K
- **Forgiven:** $526K (90%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $583K
- **Jobs reported:** 38
## Lender
- **Originating:** Primary Bank
- **Servicing:** Primary Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*