FederalPay.org
PPP Loan Data — Inpact Inc,
Fremont, CA
Inpact Inc
Entity: Corporation
Industry: Other Electronic Parts and Equipment Merchant Wholesalers
Location: Fremont, CA
Tweet This
•
Search All PPP Data
Inpact Inc is a corporation located in Fremont, California that received a Coronavirus-related PPP loan from the SBA of $20,800.00 in March, 2021.
$
PPP Loan Information
Loan #6277588610
Loan Size:
Jobs Retained:
1Loan Approved:
2021-03-23Loan Status:
Ongoing LoanLender:
Citibank, N.A.Inpact Inc in Fremont, CA received a Paycheck Protection Loan of $20,800 through Citibank, N.A., which was approved in March, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Reported PPP Proceed Usage:
On the PPP application, Inpact Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,799
- Utilities: $1
Business Information - Inpact Inc in Fremont, CA
Fremont, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Other Electronic Parts and Equipment Merchant Wholesalers
NAICS code 423690
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Inpact Inc.
Digit Booster Inc
Other Miscellaneous Durable Goods Merchant Wholesalers
Aarti Enterprises
Unknown
Similar Companies near Fremont
In the Fremont area, 28 businesses in the "Other Electronic Parts and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 1) and received an average PPP loan of $154,798 (compared to this company's $20,800).
Similar Nearby Businesses Who Received PPP Funding:
Advanced Communication Products, Inc
Fremont, CA
L.s. Engineering Inc
Fremont, CA
Semicat Inc
Fremont, CA
Niles Electronics Inc
Fremont, CA
Payway, Inc
Fremont, CA
Dynatest Equipment Inc
Fremont, CA
Braemac CA LLC
Fremont, CA
Saitech Inc
Fremont, CA
Imprue Inc
Fremont, CA
Industry PPP Comparison Statistics
Nationwide, 4,737 businesses in the "Other Electronic Parts and Equipment Merchant Wholesalers" industry received a total of $611.87M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 1000% higher than Inpact Inc's reported 1 employees, and received an average PPP loan of $129,169, 521% higher than this company's loan of $20,800.
Inpact Inc
Entity: Corporation
Industry: Other Electronic Parts and Equipment Merchant Wholesalers
Location: Fremont, CA
Tweet This
•
Search All PPP Data
Inpact Inc is a corporation located in Fremont, California that received a Coronavirus-related PPP loan from the SBA of $20,800.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #7346117307
Loan Size:
Jobs Retained:
1Loan Approved:
2020-04-30Loan Status:
Paid in Full or ForgivenLender:
Citibank, N.A.Inpact Inc in Fremont, CA received a Paycheck Protection Loan of $20,800 through Citibank, N.A., which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in September, 2021.
Reported PPP Proceed Usage:
On the PPP application, Inpact Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,800
Business Information - Inpact Inc in Fremont, CA
Fremont, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Other Electronic Parts and Equipment Merchant Wholesalers
NAICS code 423690
Business Owner Demographics
Race: Asian
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Inpact Inc.
Digit Booster Inc
Other Miscellaneous Durable Goods Merchant Wholesalers
Aarti Enterprises
Unknown
Similar Companies near Fremont
In the Fremont area, 28 businesses in the "Other Electronic Parts and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 1) and received an average PPP loan of $154,798 (compared to this company's $20,800).
Similar Nearby Businesses Who Received PPP Funding:
Advanced Communication Products, Inc
Fremont, CA
L.s. Engineering Inc
Fremont, CA
Semicat Inc
Fremont, CA
Niles Electronics Inc
Fremont, CA
Payway, Inc
Fremont, CA
Dynatest Equipment Inc
Fremont, CA
Braemac CA LLC
Fremont, CA
Saitech Inc
Fremont, CA
Imprue Inc
Fremont, CA
Industry PPP Comparison Statistics
Nationwide, 4,737 businesses in the "Other Electronic Parts and Equipment Merchant Wholesalers" industry received a total of $611.87M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 1000% higher than Inpact Inc's reported 1 employees, and received an average PPP loan of $129,169, 521% higher than this company's loan of $20,800.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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.
Have FederalPay.org's open data tools been valuable? Consider donating!