# PPP loan: INFINITY POWER SOLUTIONS INC.
> **$216K** approved 06/22/2021 · Paid in Full · Loan `1096459110`
## Borrower
- **Name:** INFINITY POWER SOLUTIONS INC.
- **Address:** 3500 Sunset Ave Ste A3, Ocean, NJ, 07712-3980
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 06/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 19
## Lender
- **Originating:** Trenton Business Assistance Corporation
- **Servicing:** Trenton Business Assistance Corporation (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*