PPP Loan information for Infinite-motion control, inc.

$189,100

Infinite-motion control, inc. was initially approved for PPP Loan of amount $189,100, the current approved amount is $189,100. The loan was approved on 04/09/2020 by The Bank of Ann Arbor reported 17 jobs and $189,100 was used to fund payroll.

Infinite-motion control, inc. is Existing or more than 2 years old

PPP Loan Search / WI / CEDARBURG / Infinite-motion control, inc.

INFINITE-MOTION CONTROL, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

INFINITE-MOTION CONTROL, INC.

Borrower Address

60151 CARDINAL AVE

Borrower City

CEDARBURG

Borrower State

WI

Borrower Zip

53012-9404

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189100.00

Current Approval Amount

189100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDARBURG

Project County Name

OZAUKEE

Project State

WI

Project Zip

53012-9404

CD

WI-05

Jobs Reported

17

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189100.00

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

Subchapter S Corporation

Originating Lender Location Id

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190151.71

Forgiveness Date

11/03/2020

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