# PPP loan: INFINITE COMMUNICATIONS INC
> **$1.05M** approved 04/08/2020 · Paid in Full · Loan `8224947000`
## Borrower
- **Name:** INFINITE COMMUNICATIONS INC
- **Address:** 9086 CYPRESS GREEN DR, JACKSONVILLE, FL, 32256-7791
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (100%)
- **Forgiveness date:** 02/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Mortgage interest:** $132K
- **Utilities:** $132K
- **Jobs reported:** 55
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*