# PPP loan: INFINITE IO, INC
> **$646K** approved 04/27/2020 · Paid in Full · Loan `4842987207`
## Borrower
- **Name:** INFINITE IO, INC
- **Address:** 11305 Four Points Drive, 1-250, AUSTIN, TX, 78726
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $646K
- **Initial approval:** $646K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $546K
- **Rent:** $95K
- **Utilities:** $4K
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of Grand Lake
- **Servicing:** Bank of Grand Lake (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*