PPP Loan information for Infinite manufacturing group, inc

$875,500

Infinite manufacturing group, inc was initially approved for PPP Loan of amount $875,500, the current approved amount is $875,500. The loan was approved on 04/05/2020 by The Live Oak Banking Company reported 90 jobs and $875,500 was used to fund payroll.

Infinite manufacturing group, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Kearny / Infinite manufacturing group, inc

INFINITE MANUFACTURING GROUP, INC

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INFINITE MANUFACTURING GROUP, INC

Borrower Address

35 O'Brien Street

Borrower City

Kearny

Borrower State

NJ

Borrower Zip

07032

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875500.00

Current Approval Amount

875500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kearny

Project County Name

HUDSON

Project State

NJ

Project Zip

07032-0001

CD

NJ-09

Jobs Reported

90

NAICS Code

332311

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

875500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

710321.09

Forgiveness Date

09/16/2021

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