# PPP loan: INFRANET TECHNOLOGIES GROUP INC
> **$694K** approved 04/15/2020 · Paid in Full · Loan `8970887106`
## Borrower
- **Name:** INFRANET TECHNOLOGIES GROUP INC
- **Address:** 235 GVNT CTR DR, WILMINGTON, NC, 28403-6252
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $698K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $694K
- **Jobs reported:** 47
## Lender
- **Originating:** PNC Bank, National Association
- **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*