Raxium, Inc.

$1,186,205 PPP Loan in Fremont, California

Loan Details

Loan Number
1836007206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,186,205
Current Approval
$1,186,205
Forgiveness Amount
$1,198,133
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raxium, Inc.
Address
1250 Reliance Way
ZIP Code
94539
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$13.0M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$1,000,000
Utilities
$51,205
Mortgage Interest
$135,000

Lender Information

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

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