# PPP loan: ZIPTRON ENERGY
> **$501K** approved 04/08/2020 · Paid in Full · Loan `7696807008`
## Borrower
- **Name:** ZIPTRON ENERGY
- **Address:** 106 Western Avenue, MORRISTOWN, TN, 37814-3635
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 64
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*