Infobionic, INC

$900,000 PPP Loan in Waltham, Massachusetts

Loan Details

Loan Number
4201567308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$900,000
Current Approval
$900,000
Forgiveness Amount
$911,950
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Infobionic, INC
Address
200 Fifth Avenue Suite 4030
ZIP Code
02451
Business Type
Corporation
Industry (NAICS)
Manufacturing (334510)
Business Age
Existing or more than 2 years old
Jobs Reported
306
Estimated Revenue
$80.1M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$835,000
Utilities
$5,000
Mortgage Interest
$60,000

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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