Rotor Clip Company Inc.

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

Loan Details

Loan Number
5312548306
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,024,658
Forgiveness Date
May 23, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rotor Clip Company Inc.
Address
187 Davidson Ave
ZIP Code
08873-4117
Business Type
Corporation
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
270
Estimated Revenue
$66.0M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Peapack-Gladstone Bank

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