Socket Mobile, Inc.

$1,058,700 PPP Loan in Newark, California

Loan Details

Loan Number
2794737110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,058,700
Current Approval
$1,058,700
Forgiveness Amount
$1,065,016
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Socket Mobile, Inc.
Address
39700 Eureka Drive
City
Newark
ZIP Code
94560-4808
Business Type
Corporation
Industry (NAICS)
Manufacturing (334111)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$950,415
Rent
$97,393
Utilities
$9,077
Debt Interest
$1,815

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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