Exhibit F — USA v. Thomas et al (Dkt. 1206.7)

Summary

Exhibit F, Document 1206-7, stamped Filed 12/10/25, in Case 1:20-cr-00296-JPB-CMS in the United States District Court for the Northern District of Georgia: an SBA certified record for a PPP loan to Infinite Education Services Inc., with CDC Small Business Finance Corporation as lender. The transcript of account shows an $854,805.00 principal balance and a loan approval date of 06/30/2020 at 1.000%. A Certificate of Indebtedness is executed Tuesday 8th of April 2025 by Lead Accountant Patrick Henning with a notary certification, and a Certified Statement of Account as of 04/08/2025 shows $854,805.00 of principal purchased by SBA, a $25,644.15 PPP processing fee and total indebtedness of $920,706.95.

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Record facts

Full text

Small Business Administration
Transcript of Account
Name
Infinite Education Services Inc.
Ending Balances
Loan Program
1050 - PPP Program - CARES
Transcript
LAS/ELIPS
Difference
Loan Number
7071928005
Current Loan Status
Code
3
Principal Balance
$854,805.00
$854,805.00
$0.00
Loan Approval Date
06/30/2020
Loan Type
17
Accrued Int Balance
$12,037.53
$12,037.53
$0.00
Payable Balance
$0.00
$0.00
$0.00
Payoff Balances
Payoff Date
Principal
Accrued Interest
Chargeoff Interest
Interest to Payoff Date
Payoff Amount
Daily Interest
04/08/2025
$854,805.00
$12,037.53
$0.00
$28,220.27
$895,062.80
$23.4193151
Transaction History
Effective
Date
Int
Days
INT
Rate
Remittance
TC
Disburse
CPC
Remittance
Principal
Interest
Accrued
Interest
Principal
Balance
Accrued
Interest
Balance
Changeoff
Interest
Balance
Payable
Balance
Acct
4020
Payment
Application
12/20/2021
0
1.000%
195
$-866,842.53
$0.00
$854,805.00
$0.00
$12,037.53
$854,805.00
$12,037.53
$0.00
$0.00
$0.00
PO
Summary: $-866,842.53
$0.00
$854,805.00
$0.00
$12,037.53
$854,805.00
$12,037.53
$0.00
$0.00
$0.00
LISTED ABOVE IS A TRANSCRIPT OF ACCOUNT AS OF THE DATES INDICATED, TAKEN FROM THE RECORDS OF THIS AGENCY.
Authorized Signature
Date
                               1 / 3
4-8-2025
Case 1:20-cr-00296-JPB-CMS     Document 1206-7     Filed 12/10/25     Page 1 of 3

Small Business Administration
SMALL BUSINESS ADMINISTRATION
Office of Performance, Planning, and the Chief Financial Officer
Program Accounting Division
Loan Accounting Branch
Denver, CO 80259
CERTIFICATE OF INDEBTEDNESS
I, Patrick Henning, Lead Accountant, Loan Accounting Branch, Program Accounting Division, Office of Performance,
Planning, and the Chief Financial Officer, Small Business Administration, do hereby certify as such officer that I have the
authority to make this Certificate and that the financial records of said Small Business Administration are under my
custody including the records which are maintained in connection with a loan to: Infinite Education Services Inc.
7071928005
Enclosed is a Statement of Account and Transcript of Account relating to said loan, certified as true by, Patrick Henning,
Lead Accountant, Program Accounting Division, Loan Accounting Branch, Office of Performance, Planning, and the Chief
Financial Officer, Small Business Administration. Said Statement of Account and Transcript of Account are true and
correct to the best of my personal knowledge and from my examination of the books and records of the Small Business
Administration with respect to said loan and are hereby incorporated with and made part of this certificate.
Executed this Tuesday 8th of April 2025
Patrick Henning, Lead Accountant
Authorized Signature and Title
I, Vikki Lynn Matamoros, a Notary Public in and for the State of Colorado, do hereby certify that the above-named
Accountant signed this document, is employed by the United States Small Business Administration, and that such officer
has custody of the official financial records of the Small Business Administration.
My commission expires:01/11/2026
Vikki Lynn Matamoros
                               2 / 3
Patrick Hennin
E Notary 20224001380-568333
ikki Lynn Mat
a amoros
VIKKI 
MATAMOROS
Digitally signed by 
VIKKI MATAMOROS 
Date: 2025.04.10 
11:18:31 -06'00'
Case 1:20-cr-00296-JPB-CMS     Document 1206-7     Filed 12/10/25     Page 2 of 3

Small Business Administration
SMALL BUSINESS ADMINISTRATION
Office of Performance, Planning, and the Chief Financial Officer
Program Accounting Division
Loan Accounting Branch
Denver, CO 80259
CERTIFIED STATEMENT OF ACCOUNT
As of 04/08/2025
Loan Number:
7071928005
Lender Name:
CDC Small Business Finance Corporation
Borrower Name:
Infinite Education Services Inc.
Borrower Address:
160 Clairemont RD
Decatur, GA 30030-2500 US
Total Amount Disbursed by Lender to Borrower:
Loan
$854,805.00
Less: Principal Payments
$0.00
Less: Principal Purchased
$854,805.00
                              Lender Principal Balance
$0.00
Total Amount Disbursed by SBA to Lender:
Principal Purchased
$854,805.00
Less: Principal Payments
$0.00
Add: Purchased and Accrued Interest
$40,257.80
Add: PPP Processing Fee
$25,644.15
                              SBA Charges Outstanding
$920,706.95
                              Total Indebtedness
$920,706.95
Interest rate on loan is 1.000%. Interest calculated thru 04/08/2025 Daily interest rate is currently accruing at a rate of
$23.42 per day.
Date of Last Transaction
Interest Paid Through
12/20/2021
N/A
Certified to be a true and accurate statement as reflected by the official accounting records of the Small Business
Administration
04/08/2025
Patrick Henning, Lead Accountant
Authorized Signature and Title
Date
SBA FORM 596 B (8-81) 
                               3 / 3
Patrick Henni
Case 1:20-cr-00296-JPB-CMS     Document 1206-7     Filed 12/10/25     Page 3 of 3

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gov.uscourts.gand.292218.1206.7.pdf

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