PPP Loan information for Infotek groups inc

$111,950

Infotek groups inc was initially approved for PPP Loan of amount $111,950, the current approved amount is $111,950. The loan was approved on 02/27/2021 by The Bank of America, National Association reported 9 jobs and $111,950 was used to fund payroll.

Infotek groups inc is Existing or more than 2 years old

INFOTEK GROUPS INC

Date Approved

02/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INFOTEK GROUPS INC

Borrower Address

2530 Meridian Pkwy Ste 300

Borrower City

Durham

Borrower State

NC

Borrower Zip

27713-5273

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111950.00

Current Approval Amount

111950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27713-5273

CD

NC-04

Jobs Reported

9

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111949.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112545.02

Forgiveness Date

09/10/2021

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