Infomax Office Systems, INC

$951,200 PPP Loan in Des Moines, Iowa

Loan Details

Loan Number
4589787005
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$951,200
Current Approval
$951,200
Forgiveness Amount
$959,682
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Infomax Office Systems, INC
Address
1010 Illinois St
State
Iowa
ZIP Code
50315
Business Type
Corporation
Industry (NAICS)
Retail Trade (453210)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$13.0M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$828,718
Rent
$30,900
Utilities
$2,032
Health Care
$75,380
Debt Interest
$14,170

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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