Matternet, Inc.

$1,029,269 PPP Loan in Mountain View, California

Loan Details

Loan Number
5487967102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,029,269
Current Approval
$1,029,269
Forgiveness Amount
$1,037,388
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matternet, Inc.
Address
161 E. Evelyn Ave
ZIP Code
94041
Business Type
Corporation
Industry (NAICS)
Manufacturing (334290)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.9M
Rural/Urban
Urban
Congressional District
CA-16

Loan Use Breakdown

Payroll
$1,029,269

Lender Information

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

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