PPP Loan information for Infinite-motion control inc.

$201,485

Infinite-motion control inc. was initially approved for PPP Loan of amount $201,485, the current approved amount is $201,485. The loan was approved on 02/12/2021 by The Nicolet National Bank reported 15 jobs and $201,485 was used to fund payroll.

Infinite-motion control inc. is Existing or more than 2 years old

INFINITE-MOTION CONTROL INC.

Date Approved

02/12/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

INFINITE-MOTION CONTROL INC.

Borrower Address

W60N151 Cardinal Ave

Borrower City

Cedarburg

Borrower State

WI

Borrower Zip

53012-9404

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201485.00

Current Approval Amount

201485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203327

Servicing Lender Name

Nicolet National Bank

Servicing Lender Address

111 N Washington St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-4255

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedarburg

Project County Name

OZAUKEE

Project State

WI

Project Zip

53012-9404

CD

WI-05

Jobs Reported

15

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

201483.00

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

Subchapter S Corporation

Originating Lender Location Id

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202633.19

Forgiveness Date

09/14/2021

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