Chelsio Communications, Inc.

$626,600 PPP Loan in Sunnyvale, California

Loan Details

Loan Number
9218287001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$626,600
Current Approval
$626,600
Forgiveness Amount
$632,413
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chelsio Communications, Inc.
Address
209 North Fair Oaks Ave
ZIP Code
94085-4423
Business Type
Corporation
Industry (NAICS)
Manufacturing (334413)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.7M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$416,600
Rent
$114,000
Utilities
$20,000
Debt Interest
$76,000

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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