PPP Loan information for Infinity electric & service co. llc

$546,000

Infinity electric & service co. llc was initially approved for PPP Loan of amount $3,166,858, the current approved amount is $546,000. The loan was approved on 04/14/2020 by The Truist Bank reported 48 jobs and $546,000 was used to fund payroll.

Infinity electric & service co. llc is New Business or 2 years or less

INFINITY ELECTRIC & SERVICE CO. LLC

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

INFINITY ELECTRIC & SERVICE CO. LLC

Borrower Address

3600 MORGANTOWN INDUSTRIAL PARK

Borrower City

MORGANTOWN

Borrower State

WV

Borrower Zip

26501-2489

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3166858.00

Current Approval Amount

546000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MORGANTOWN

Project County Name

MONONGALIA

Project State

WV

Project Zip

26501-2489

CD

WV-02

Jobs Reported

48

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

546000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

552627.83

Forgiveness Date

07/09/2021

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