Date Approved
04/10/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
INFINITY METAL FABRICATING, INC.
Borrower Address
446 S Birch St
Borrower City
ROYALTON
Borrower State
MN
Borrower Zip
56373-9106
Loan Status Date
06/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
130700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORRISON
Project State
Project Zip
CD
MN-07
Jobs Reported
16
NAICS Code
332312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
31906.00
Payroll Proceed
91794.00
Mortgage Interest Proceed
2000.00
Rent Proceed
5000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
132150.23
Forgiveness Date
05/27/2021