# PPP loan: ADEPT FASTENERS INC.
> **$2.00M** approved 01/31/2021 · Paid in Full · Loan `9716598304`
## Borrower
- **Name:** ADEPT FASTENERS INC.
- **Address:** 27949 Hancock Pkwy, Valencia, CA, 91355-4116
- **NAICS:** 423710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 190
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*