# PPP loan: INFINITY GROUP - ASHTABULA, INC.
> **$300K** approved 05/04/2020 · Paid in Full · Loan `1738957401`
## Borrower
- **Name:** INFINITY GROUP - ASHTABULA, INC.
- **Address:** 720 Nevada Drive, Erie, PA, 16505-4424
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 95
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*