PPP Loan information for Incube labs llc

$2,000,000

Incube labs llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/20/2021 by The Comerica Bank reported 144 jobs and $2,000,000 was used to fund payroll.

Incube labs llc is Existing or more than 2 years old

INCUBE LABS LLC

Date Approved

03/20/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

INCUBE LABS LLC

Borrower Address

2051 Ringwood Ave

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95131-1703

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95131-1703

CD

CA-17

Jobs Reported

144

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1408401.67

Forgiveness Date

11/21/2022

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