Quanergy Systems, Inc.

$2,515,112 PPP Loan in Sunnyvale, California

Loan Details

Loan Number
7428897300
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$2,515,112
Current Approval
$2,515,112
Forgiveness Amount
$2,543,337
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quanergy Systems, Inc.
Address
433 Lakeside Drive
ZIP Code
94085
Business Type
Corporation
Industry (NAICS)
Manufacturing (334511)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$24.4M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$2,406,112
Utilities
$12,000
Mortgage Interest
$97,000

Lender Information

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

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