PPP Loan information for Infinity power solutions inc

$232,516

Infinity power solutions inc was initially approved for PPP Loan of amount $232,516, the current approved amount is $232,516. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 22 jobs and $232,516 was used to fund payroll.

Infinity power solutions inc is New Business or 2 years or less

PPP Loan Search / NJ / OCEAN / Infinity power solutions inc

INFINITY POWER SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INFINITY POWER SOLUTIONS INC

Borrower Address

3500 SUNSET AVE STE A3

Borrower City

OCEAN

Borrower State

NJ

Borrower Zip

07712-3980

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232516.00

Current Approval Amount

232516.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OCEAN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07712-3980

CD

NJ-04

Jobs Reported

22

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232516.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234994.05

Forgiveness Date

05/28/2021

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