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Infinity Metal Fabricating, Inc.

$130,700 PPP Loan in Royalton, Minnesota

Loan Details

Loan Number
1293507108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$130,700
Current Approval
$130,700
Forgiveness Amount
$132,150
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Infinity Metal Fabricating, Inc.
Address
446 S Birch St
City
Royalton
State
Minnesota
ZIP Code
56373-9106
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$91,794
Rent
$5,000
Utilities
$31,906
Mortgage Interest
$2,000

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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