Adept Fasteners, Inc.

$3,217,900 PPP Loan in Valencia, California

Loan Details

Loan Number
8798437010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,217,900
Current Approval
$3,217,900
Forgiveness Amount
$3,253,694
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adept Fasteners, Inc.
Address
28709 Industry Dr
ZIP Code
91355-5414
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
208
Estimated Revenue
$63.7M
Rural/Urban
Urban
Congressional District
CA-27

Loan Use Breakdown

Payroll
$2,729,998
Rent
$99,844
Utilities
$20,260
Health Care
$190,798
Debt Interest
$177,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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