PPP Loan information for Infonet corporation

$445,000

Infonet corporation was initially approved for PPP Loan of amount $445,000, the current approved amount is $445,000. The loan was approved on 04/10/2020 by The First Interstate Bank reported 42 jobs and $445,000 was used to fund payroll.

Infonet corporation is Existing or more than 2 years old

INFONET CORPORATION

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

INFONET CORPORATION

Borrower Address

6750 NE 41st Ave

Borrower City

ALTOONA

Borrower State

IA

Borrower Zip

50009-9495

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445000.00

Current Approval Amount

445000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTOONA

Project County Name

POLK

Project State

IA

Project Zip

50009-9495

CD

IA-03

Jobs Reported

42

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

445000.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

448925.75

Forgiveness Date

03/09/2021

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