Acorn Product Development, Inc.

$670,000 PPP Loan in Newark, California

Loan Details

Loan Number
5509607003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$670,000
Current Approval
$670,000
Forgiveness Amount
$677,636
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Acorn Product Development, Inc.
Address
39899 Balentine Dr. Ste 161
City
Newark
ZIP Code
94560-5303
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$502,460
Rent
$100,000
Utilities
$50,053
Mortgage Interest
$17,487

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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