# PPP loan: INFINIT IT CONSULTING, INC
> **$297K** approved 04/11/2020 · Paid in Full · Loan `2860027108`
## Borrower
- **Name:** INFINIT IT CONSULTING, INC
- **Address:** 55 N 3RD ST STE 201, CAMPBELL, CA, 95008
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $23K
- **Utilities:** $9K
- **Health care:** $20K
- **Jobs reported:** 14
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*