Drivescale, Inc.

$533,530 PPP Loan in Sunnyvale, California

Loan Details

Loan Number
6468067102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$533,530
Current Approval
$533,530
Forgiveness Amount
$539,340
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drivescale, Inc.
Address
1230 Midas Way Suite 210
ZIP Code
94085
Business Type
Corporation
Industry (NAICS)
Information (511210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$353,809
Rent
$64,311
Utilities
$1,901
Debt Interest
$113,509

Lender Information

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

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