Nevada State Development Corporation (NSDC) partnered with Rodney Borges, SVP – Manager of SBA lending at Plumas Bank to make Kristine and Raymond Lock’s vision and expansion plans come to fruition. The married business partners are very happy with their new building they just purchased through NSDC. Their new location was constructed in 2005 and is four times larger at 20,000 square feet than their old location which was built in 1880 and was considered a fire hazard. They even had to lease offsite storage to house client records, important documents and inventory.
The Lock’s company Pau Hana Group, LLC dba KJL Fasteners (KJL), a Nevada Limited Liability Comapny, is a SBA 8(a), HUB zone fastener distributing business located in Chilcoot, California. The business provides mil-spec fasteners and other commodities for the aerospace industry, government-prime contractors and subcontractors. The geographic market served ranges throughout the United States, but is primarily focused in Los Angeles, California. Most of their advertising is conducted through the Internet at www.kjlfast.com and a business development office.
Their competitive edge is Raymond Lock’s extensive 35-year industry experience engineering, manufacturing and distributing aerospace mil-spec fasteners. Before KJL, Raymond was a managing partner and co-owner of The Fastener Depot in Placerville, California, and a co-owner and manager of Special-T Fasteners in San Fernando Valley, California. Raymond manages all aspects of KJL’s day-to-day business activities.
Kristine Lock oversees the business’ finances and human resources. Her experience includes bookkeeper and HR manager for Perennial Landscape & Nursery in Tahoe Vista, California and assistant vice president of customer relations at Truckee River Bank in California.
The Lock’s new location is more than 14 miles closer to their home and will have improved UPS and FedEx service to better meet customer demand because the area isn’t as rural. The new location is also anticipated to be more attractive to potential employees in Reno and Sparks, Nevada, as it is 11.1 miles closer. The borrowers are predicting positive results for their relocation.
