Stockwell Ai, Inc.

$1,600,000 PPP Loan in Oakland, California

Loan Details

Loan Number
5397917105
Date Approved
Apr 13, 2020
Loan Status
Charged Off
Initial Approval
$1,600,000
Current Approval
$1,600,000
Forgiveness Amount
$1,205,118
Forgiveness Date
Nov 30, 2020
Term
7 months
Draw
First Draw

Business Information

Business Name
Stockwell Ai, Inc.
Address
405 14th Street 7th Floor
ZIP Code
94612
Business Type
Corporation
Industry (NAICS)
Retail Trade (454210)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$27.6M
Rural/Urban
Urban
Congressional District
CA-12

Loan Use Breakdown

Payroll
$1,324,430
Rent
$232,580
Utilities
$42,990

Lender Information

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

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