# PPP loan: INFOED INTERNATIONAL INC
> **$1.30M** approved 04/14/2020 · Paid in Full · Loan `7741877105`
## Borrower
- **Name:** INFOED INTERNATIONAL INC
- **Address:** 5 Washington Square Ste 2, Albany, NY, 12205
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $44K
- **Health care:** $125K
- **Jobs reported:** 79
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*