PPP Loan Data — Zentech Intermediate Inc., Baltimore, MD
Zentech Intermediate Inc. is a corporation located at 6980 Tudsbury Road in Baltimore, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,446,465.00 in April, 2020.
$ PPP Loan Information
Lender:MODERN BANK, NATIONAL ASSOCIATION
Zentech Intermediate Inc. received a Paycheck Protection Loan of $3.45M through MODERN BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Zentech Intermediate Inc.'s total 2019 payroll expenses were approximately $16.54M in order to qualify for the PPP loan amount received.
Based on their reported 291 jobs retained, this equals an estimated average yearly compensation of $56,849 per employee1.
Business Information - Zentech Intermediate Inc. in Baltimore, MD
6980 Tudsbury Road
Baltimore, MD 21244
Other Industrial Machinery Manufacturing (NAICS code 333249)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-07
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Other Industrial Machinery Manufacturing" industry received a total of $695,492,915.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 22 employees, 92% lower than Zentech Intermediate Inc.'s reported 291 employees, and received an average PPP loan of $320,209, 91% lower than this company's loan of $3.45M.
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Footnotes & Information
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