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PPP Loan Data — ASC Process Systems, Inc., Valencia, CA

SBA PPP loan data, payroll data, and salaries for ASC Process Systems, Inc.

ASC Process Systems, Inc.

Entity: Corporation

Industry: Metal Tank (Heavy Gauge) Manufacturing

Location: Valencia, CA

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ASC Process Systems, Inc. is a corporation located at 28402 Livingston Ave in Valencia, California that received a Coronavirus-related PPP loan from the SBA of $4,043,300.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 235 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




ASC Process Systems, Inc. received a Paycheck Protection Loan of $4.04M through CITY NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, ASC Process Systems, Inc.'s total 2019 payroll expenses were approximately $19.41M in order to qualify for the PPP loan amount received.

Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $82,587 per employee1.

Because the loan received by ASC Process Systems, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - ASC Process Systems, Inc. in Valencia, CA

ASC Process Systems, Inc.
28402 Livingston Ave
Valencia, CA 91355

Business Industry

Metal Tank (Heavy Gauge) Manufacturing (NAICS code 332420)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: NON-VETERAN

Congressional District: CA-25

Industry PPP Comparison Statistics

Nationwide, 294 businesses in the "Metal Tank (Heavy Gauge) Manufacturing" industry received a total of $166,175,006.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 39 employees, 83% lower than ASC Process Systems, Inc.'s reported 235 employees, and received an average PPP loan of $565,221, 86% lower than this company's loan of $4.04M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **