Soraa Laser Diode, INC

$2,975,000 PPP Loan in Goleta, California

Loan Details

Loan Number
6474177303
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$2,975,000
Current Approval
$2,975,000
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
24 months
Draw
First Draw

Business Information

Business Name
Soraa Laser Diode, INC
Address
485 Pine Ave
City
Goleta
ZIP Code
93117
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$30.0M
Rural/Urban
Urban
Congressional District
CA-24

Loan Use Breakdown

Payroll
$2,231,000
Utilities
$150,000
Mortgage Interest
$594,000

Lender Information

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

Other PPP Loans in Goleta, CA

BusinessApproved
Community Action Commission of Santa Barbara County, INC$3,605,318NewBizBotResearch
Wyatt Technology Corporation$2,694,055NewBizBotResearch
Moss Motors Ltd$1,820,435NewBizBotResearch
Anderson Systems, Inc.$1,684,325NewBizBotResearch
Innovative Micro Technology, Inc.$1,646,702NewBizBotResearch

Want to research this company further?

Try NewBizBot free