# PPP loan: INFINITY NETWORKS INC
> **$197K** approved 04/27/2020 · Exemption 4 · Loan `3978927205`
## Borrower
- **Name:** INFINITY NETWORKS INC
- **Address:** 505 MARINER DRIVE, ROCKWALL, TX, 75032-8461
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $96K (49%)
- **Forgiveness date:** 06/17/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 5
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*