PPP Loan information for Infinite power, llc

$86,200

Infinite power, llc was initially approved for PPP Loan of amount $86,200, the current approved amount is $86,200. The loan was approved on 04/14/2020 by The Customers Bank reported 6 jobs and $86,200 was used to fund payroll.

Infinite power, llc is Existing or more than 2 years old

INFINITE POWER, LLC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

INFINITE POWER, LLC

Borrower Address

4451 Georgia Pacific Blvd Suite S

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21704

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86200.00

Current Approval Amount

86200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-1600

CD

MD-06

Jobs Reported

6

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86200.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

86955.73

Forgiveness Date

03/25/2021

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