Weber Metals, Inc.

$10,000,000 PPP Loan in Paramount, California

Loan Details

Loan Number
9354757005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,116,712
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weber Metals, Inc.
Address
16706 Garfield Ave
ZIP Code
90723-5307
Business Type
Corporation
Industry (NAICS)
Manufacturing (332112)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$122.2M
Rural/Urban
Urban
Congressional District
CA-44

Loan Use Breakdown

Payroll
$6,525,000
Rent
$375,000
Utilities
$1,250,000
Health Care
$950,000
Debt Interest
$900,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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