PPP Loan information for Infinity wellness group

$113,400

Infinity wellness group was initially approved for PPP Loan of amount $13,400, the current approved amount is $113,400. The loan was approved on 04/09/2020 by The Salem Five Cents Savings Bank reported 17 jobs and $113,400 was used to fund payroll.

Infinity wellness group is Existing or more than 2 years old

INFINITY WELLNESS GROUP

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INFINITY WELLNESS GROUP

Borrower Address

45 STOREY AVE

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-1851

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13400.00

Current Approval Amount

113400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-1851

CD

MA-06

Jobs Reported

17

NAICS Code

621399

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114363.90

Forgiveness Date

02/19/2021

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