# PPP loan: SPECIALTY FABRICATIONS, INC
> **$457K** approved 04/15/2020 · Paid in Full · Loan `1606777208`
## Borrower
- **Name:** SPECIALTY FABRICATIONS, INC
- **Address:** 2674 WESTHILLS CT, SIMI VALLEY, CA, 93065-6234
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $423K (93%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Rent:** $100K
- **Utilities:** $57K
- **Health care:** $28K
- **Jobs reported:** 38
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*