Saildrone, INC

$2,131,725 PPP Loan in Alameda, California

Loan Details

Loan Number
1557427200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,131,725
Current Approval
$2,131,725
Forgiveness Amount
$2,156,240
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Saildrone, INC
Address
1050 W Tower Ave
ZIP Code
94501
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
CA-12

Loan Use Breakdown

Payroll
$1,967,725
Utilities
$16,000
Mortgage Interest
$148,000

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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