PPP Loan information for Scaleflux inc

$1,250,000

Scaleflux inc was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 58 jobs and $1,250,000 was used to fund payroll.

Scaleflux inc is New Business or 2 years or less

SCALEFLUX INC

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

SCALEFLUX INC

Borrower Address

97 E BROKAW RD STE 260

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95112-1032

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95112-1032

CD

CA-17

Jobs Reported

58

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1250000.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116582.98

Forgiveness Date

08/05/2021

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