Glen Magnetics INC
$207,807 PPP Loan in Alpha, New Jersey
Loan Details
- Loan Number
- 1368058509
- Date Approved
- Feb 18, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $207,807
- Current Approval
- $207,807
- Forgiveness Amount
- $209,487
- Forgiveness Date
- Dec 9, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Glen Magnetics INC
- Address
- 1165 3rd Ave 1165 Third Ave
- City
- Alpha
- State
- New Jersey
- ZIP Code
- 08865-4708
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (335311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- $5.5M
- Rural/Urban
- Rural
- Congressional District
- NJ-07
Loan Use Breakdown
- Payroll
- $207,804
- Utilities
- $1
Lender Information
- Servicing Lender
- Pnc Bank, National Association
- Originating Lender
- Pnc Bank, National Association
Other PPP Loans in Alpha, NJ
| Business | Approved | |
|---|---|---|
| Back Brook Masonry LLC | $2,000,000 | |
| Hunterdon Transformer Co. | $1,019,783 | |
| Glen Magnetics INC | $216,300 | |
| Hajdu Group INC | $212,500 | |
| Sheridan Printing Co, Inc. | $191,600 |
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