Eagle Eye Gets $1.4 Million PPP Forgiven After Raising $40 Million VC Funding and 85% Growth

** ****, **** *****-*** companies***** *** ***** *** received $*+ ******* ** PPP *****.

$1.4 ******* **** ******** ***** $** ******* *********** *** "******" *******

***** *** *** *** $1.4 ******* ******** ********** Program (***) **** ******** in *** ****, ******* raising $** ******* ** VC ******* *** ******** 85% ******* ****** **** year.

*** ***** *** ********-****** and ***** ** **** small ********** **** ** the ***** ********. ***** Eye********* ******* ********** **% in ******* "****** ** **** revenue ******."

** ******* ****, ~* months ****** *** ********** forgave *** ****, ***** Eye********* ******* $** ******* in ******* ******* *********** *****, *** **** **** ****** $3 ******* **** ****.

Funding ****** *********** ** *** ****

** ******** *********** ** assisting ** ********* **** formation *** ***********, *** asked ** ****** *********, told **** **** *********** about *** ****** ****** the ******** *** * factor:

** * ******* *** a **** ** ***** to ***-**** *** **** was ***** **** ** raise ******* ********* ** late **** * ***'* think ****'* *********** ** indicator **** **** ****'* need *** ***** ** the ************* **** **** that ** ****'* ***** prudent ** **** *** money ** ***** ** mid-2020. *****, ******* * think **'* **** ** look **** ** ********* and *** **** *** know ** ****'*.

*******, ** *** ****, when *** **** *** forgiven, ** *** ***** that ***** *** *** secured * ******* ****** of ******* *** *********** record ******.

Avoid "******** ** ************"

****** * *** **** was ********* ** ***** "dilution ** ************," ***** told **** ** **** 2020 **** ******* ******** *** ********* (Eagle ***, *****, *** IC ******) **** $*+ million ** *** *****. ***** *********:

** * **** ** personally **** (** ******* convertible *****) ** *** companies, ** ***** ***** dilution ** *** ************, including *** ******** ************, which ** ********* ********* I *** ** *****. The *** ******* ** to ***** ****.

*******, *** ********** ******* said **** ********* **** certify ***** **** ******* is "********* ** ******* *** ongoing ********** ** *** Applicant." ** ** *** clear *** * **** with *** ********* ****** of ********** ******** ** shareholders *** ********* ***** on ***** **********.

******,**** *******, * ****** ****** analyst ** ********** ** ********** ********* (POGO), ****** **** **** that *** ***** ** the *** ******* *** to ******* *********:

*** *** ******* *** not **** ** **** the ********, *** ** help *** *********. ****'* why ** *** ****** the "******** ********** *******" and ****'* *** *** equations *** *** *** math ******** ********* ****** your *******.

*** ***** ******** ************** (SBA) ********* **** ** ************ designed *** ********* **** would *** **** *** funds ** ******** ****** employees:

*** *** ** “******** to ******* * ****** incentive *** ***** ********** to **** ***** ******* on *** *******."

Access ** ***** ******* ** *********

**** ********** **** ****** to **** **** ******* "their ******* ** ****** other ******* ** ********* sufficient ** ******* ***** ongoing ********** ** * manner **** ** *** significantly *********** ** *** business,"********* ** *** **********.

***** ***** *** ****** $40 ******* **** * well-known ** **** **** than *** ****** ****** they *** *** **** forgiven, *** ******* *** access ** * ***** source ** *********.

Eagle *** - ** *******

**** ********* ***** *** about **** ******, ********* its ****** ** *********, but *** ******* ******** to *******.

Returning *** ***** ********

* ****** ** **-****** companies ******** ***** *** loans ***** ******** ****** during *** ********. *** example,***** **********, ** ******** ******* charging *******, **** **** $3 ******* **** ****** the "**** ***** **** qualified *** ***********,"********* ** * *** article. ***** ********* **** paid **** ***** ***** a ********** **** *************** ***.,********** ***.,***** ************, ************.

***** ***************** *** ***** ********* public ********, ********* ***** *****, the *** ******* ******, and *****, * **** site.

No *** ******* *** ***** **-****** *********

**** ****-******, **-****** ********* did *** ****** *** funding. *** *******, ***** Eye's ******* ***** **********, Verkada, *** *** ****** PPP *******.

******* ******** ** ** firms **** **-****** ********* should "****** *****" *** "think ****" ***** ******* they ****** **** *** money,********* ** ******* *** article. ******, ********, * marketing ******** *******, ***** raised $** ******* ** February ****, *** ******** a *** ***********, *** decided *** ** ****** it ***** *** ***** of ********* *** *** agreed **** "*** ******* wasn't ***** *** ********* like ********."

Audit *** *****, ******* *** ***** ***

*** ******** ** ***** *** PPP ***** ***** $* million *******, ** *****'* ~$*.* million **** **** ** audited, *** ***** ***'* $1.4 ******* **** *** be ************* *******.

*** ** ******** **** IPVM **** ******** **** the *** *** ** "eyebrow ******" *** ***:

** * **** ** criticize *** *******, **** the *** ******* **** loans ***** * ******* threshold **** *****'* **** going ** *******, **** to ** *** * real ********. **** *** the *** ******: *** knew **** *** ***** get *******. ** *** made *** *************, *** SBA ***** **** ****** later, *** *** *** has *** ******* ** look ** **** ** hindsight ** ***, '****, you ****** ******* ********* three ****** *****, *** could *** *** *** really **** *** *****?'"

*** **** *********** ** currently *** **** ** should *** **, *******, the **** ****** *******, also **** ****:

****** **** ** *** are ****** ** *** administration, **** ****** ** Congress ******* ***** **, 'How ** ** ********** forgiveness? *** ** ** speed **** **, ******* there *** ******** ** loans?' *****'* **** ** anything ***** * ******* amount, ** ****** **** forgive **, ***** ** just * ******** ****.

*** ***** **** ****** out ******* ******* ** the ******* ****** ** the ******** ** *** economy. ******* ****** *** government ****** *** **** the **** ****** ******** to *********** ** ** did **** ************ *** loans:

* ***** *** ************** was **** ******* ****** controls *** ********** ** place. ** ** *** forgiveness ** *** ***** same **** ** ******* way **** ***** ** be ******** ****, ** bad ******** ***** *** decision. **** ** *** time **** *** ********** can ****** **** ** and ***, **'** ***** to **** ** ***** things, *** ** ***'* given * **** ****.

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