PPP Loan information for Infodrive systems, inc

$1,063,583

Infodrive systems, inc was initially approved for PPP Loan of amount $1,063,583, the current approved amount is $1,063,583. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 55 jobs and $1,063,583 was used to fund payroll.

Infodrive systems, inc is Existing or more than 2 years old

PPP Loan Search / AL / Tuscaloosa / Infodrive systems, inc

INFODRIVE SYSTEMS, INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INFODRIVE SYSTEMS, INC

Borrower Address

2126 McFarland Blvd East

Borrower City

Tuscaloosa

Borrower State

AL

Borrower Zip

35404

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1063583.00

Current Approval Amount

1063582.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tuscaloosa

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35404-0001

CD

AL-07

Jobs Reported

55

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

849.50

Payroll Proceed

1052498.00

Mortgage Interest Proceed

0.00

Rent Proceed

4400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5835.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1071081.35

Forgiveness Date

01/19/2021

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