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Modular Robotics Incorporated

$245,346 PPP Loan in Boulder, Colorado

Loan Details

Loan Number
9489617104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$245,346
Current Approval
$245,346
Forgiveness Amount
$216,873
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Modular Robotics Incorporated
Address
1860 38th Street
City
Boulder
State
Colorado
ZIP Code
80301
Business Type
Corporation
Industry (NAICS)
Manufacturing (339930)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CO-02

Loan Use Breakdown

Payroll
$217,706
Rent
$25,640
Utilities
$2,000

Lender Information

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

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