Beneficent Technology, Inc.
$1,567,768 PPP Loan in Palo Alto, California
Loan Details
- Loan Number
- 7453067006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,567,768
- Current Approval
- $1,567,768
- Forgiveness Amount
- $1,587,183
- Forgiveness Date
- Jul 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Beneficent Technology, Inc.
- Address
- 480 California Ave Ste. 201
- City
- Palo Alto
- State
- California
- ZIP Code
- 94306-1609
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 73
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- CA-16
Loan Use Breakdown
- Payroll
- $1,279,384
- Rent
- $114,282
- Utilities
- $29,700
- Debt Interest
- $144,402
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
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