PPP Loan information for Infinitive foods inc.

$132,724

Infinitive foods inc. was initially approved for PPP Loan of amount $132,724, the current approved amount is $132,724. The loan was approved on 01/28/2021 by The Pinnacle Bank reported 16 jobs and $132,724 was used to fund payroll.

Infinitive foods inc. is Existing or more than 2 years old

INFINITIVE FOODS INC.

Date Approved

01/28/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INFINITIVE FOODS INC.

Borrower Address

201 Cape Fear Blvd

Borrower City

Carolina Beach

Borrower State

NC

Borrower Zip

28428-5128

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132723.50

Current Approval Amount

132723.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carolina Beach

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28428-5128

CD

NC-07

Jobs Reported

16

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

132717.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

133807.11

Forgiveness Date

11/24/2021

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