Corporation

Epsilon Systems Solutions Inc

Ship Building and Repairing

$10,000,000.00
PPP Loan Number 1879767102

Company Overview

Epsilon Systems Solutions Inc

9242 Lightwave Ave Ste 100
San Diego, CA 92123-6402

Epsilon Systems Solutions Inc is a Ship Building and Repairing Corporation located at 9242 Lightwave Ave Ste 100 San Diego, CA 92123-6402 with 500 employees.


# of employees
500
Average salary
$96,000.00 /yr
Business type
Corporation

Company Story



Epsilon Systems Solutions Inc is a premier ship building and repairing company located in San Diego, California. Founded in 2003, they have grown to become one of the leading providers of shipbuilding and repair services across the United States. With 500 full-time employees, Epsilon Systems Solutions Inc provide specialized services such as design, build, outfitting and commissioning of vessels; engineering studies; conversion of vessels for different applications; naval architecture & marine engineering support services; repair & maintenance operations as well as R&D activities.

Epsilon Systems Solutions Inc have extensive experience in military/commercial vessel design & construction along with conversions from oil platforms to supply or research vessels. Their expertise range from designing steel hulls to constructing outfitting systems for government owned special mission ships including US Navy Combatant Vessels and Patrol Crafts that require quality assurance. They also provide skilled labor for fabrication works related to submarine construction projects across the US Navy Installations.

Investing heavily in Research & Development (R&D) activities over the years has enabled Epsilon Systems Solutions Inc acquire latest cutting edge technologies used extensively by its Shipbuilding Division – enabling them decrease workload time while simultaneously reducing costs associated with traditional methods used by their competitors without compromising on quality standards or safety protocols.

Having served numerous customers from various industries such as Military/Defense Contractors (including most federal contracts), Oil/Gas Exploration companies among others – Epsilon System Solution’s team is committed towards delivering simple yet cost-effective solutions combined with exceptional customer service



Loan Details

During round 1 of the paycheck protection program, Epsilon Systems Solutions Inc requested a PPP loan for $10,000,000.00. They were approved on 4/10/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Umpqua Bank. Of the approved amount, Epsilon Systems Solutions Inc has received 100% of the approved amount.


Approved
$10,000,000.00
Disbursed
$10,000,000.00

Originating Lender
Umpqua Bank

Servicing Lender
Umpqua Bank

SBA Code
954


Demographics
Race
Unanswered
Ethnicity
Unknown/NotStated
Gender
Unanswered
Veteran
Unanswered

Possibly Related Loans

No related loans found.


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