Virtual Power Systems, Inc.

$571,995 PPP Loan in Milpitas, California

Loan Details

Loan Number
7430127302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$571,995
Current Approval
$571,995
Forgiveness Amount
$578,049
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Virtual Power Systems, Inc.
Address
699 S. Milpitas Blvd, Suite 100
ZIP Code
95035
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$571,995

Lender Information

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

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