Strato Inc.

$2,000,000 PPP Loan in Piscataway, New Jersey

Loan Details

Loan Number
1732468707
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,658
Forgiveness Date
Apr 21, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Strato Inc.
Address
100 New England Ave
ZIP Code
08854-4144
Business Type
Corporation
Industry (NAICS)
Manufacturing (336510)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$28.0M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Peapack-Gladstone Bank

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