Magarray INC

$425,677 PPP Loan in Milpitas, California

Loan Details

Loan Number
5508367110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$425,677
Current Approval
$425,677
Forgiveness Amount
$429,319
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magarray INC
Address
521 Cottonwood Drive, Suite 121
ZIP Code
95035
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621511)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$361,677
Mortgage Interest
$64,000

Lender Information

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

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