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Brainoft Inc.

Redwood City, CA 94065

The loans, in SBA’s record

$1.3 million
Approved
$1,324,928
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$1.3 million
Forgiven
$1,341,411
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $1,324,928
By the amount SBA approved, ranks 74,111th of 10,688,106 borrowers nationally, 10,003rd of 1,185,615 in California and 270th of 23,183 in the project’s county, San Mateo, CA. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Brainoft Inc., as SBA recorded them
Approved onAmountStatus
May 1, 2020$694.9 thousandPaid in Full
March 1, 2021$630.0 thousandPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved