# PPP loan: ZAVOO INC.
> **$350K** approved 04/09/2020 · Charged Off · Loan `9422097000`
## Borrower
- **Name:** ZAVOO INC.
- **Address:** 350 3RD ST, CAMBRIDGE, MA, 02142-1111
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $245K
- **Forgiven:** $315K (90%)
- **Forgiveness date:** 06/29/2021
- **Status:** Charged Off
- **Term:** 8 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 60
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*