PPP Loan information for Infinity homes inc

$58,800

Infinity homes inc was initially approved for PPP Loan of amount $58,800, the current approved amount is $58,800. The loan was approved on 04/09/2020 by The Deerwood Bank reported 8 jobs and $58,800 was used to fund payroll.

Infinity homes inc is Existing or more than 2 years old

INFINITY HOMES INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INFINITY HOMES INC

Borrower Address

101 7th St N PO Box 262

Borrower City

SARTELL

Borrower State

MN

Borrower Zip

56377-1108

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58800.00

Current Approval Amount

58800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARTELL

Project County Name

STEARNS

Project State

MN

Project Zip

56377-1108

CD

MN-06

Jobs Reported

8

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

45800.00

Mortgage Interest Proceed

7500.00

Rent Proceed

1900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1100

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59275.30

Forgiveness Date

02/03/2021

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