Aehr Test Systems

$1,678,790 PPP Loan in Fremont, California

Loan Details

Loan Number
4678457100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,678,790
Current Approval
$1,678,790
Forgiveness Amount
$1,697,722
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aehr Test Systems
Address
400 Kato Terrace
ZIP Code
94539
Business Type
Corporation
Industry (NAICS)
Manufacturing (334413)
Business Age
New Business or 2 years or less
Jobs Reported
64
Estimated Revenue
$16.8M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$1,529,286
Utilities
$28,000
Mortgage Interest
$121,504

Lender Information

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

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