Qnergy, Inc.

$643,485 PPP Loan in Ogden, Utah

Loan Details

Loan Number
8512517005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$643,485
Current Approval
$643,485
Forgiveness Amount
$650,492
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Qnergy, Inc.
Address
300 W 12th St
City
Ogden
State
Utah
ZIP Code
84404-5505
Business Type
Corporation
Industry (NAICS)
Manufacturing (333611)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
UT-01

Loan Use Breakdown

Payroll
$579,185
Rent
$21,000
Utilities
$19,300
Mortgage Interest
$24,000

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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