Rotor Clip Company, Inc.
$4,700,000 PPP Loan in Somerset, New Jersey
Loan Details
- Loan Number
- 7075727103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,700,000
- Current Approval
- $4,700,000
- Forgiveness Amount
- $4,753,696
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rotor Clip Company, Inc.
- Address
- 187 Davidson Ave
- City
- Somerset
- State
- New Jersey
- ZIP Code
- 08873-4117
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (326130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 271
- Estimated Revenue
- $268.8M
- Rural/Urban
- Urban
- Congressional District
- NJ-12
Loan Use Breakdown
- Payroll
- $4,700,000
Lender Information
- Servicing Lender
- Peapack-Gladstone Bank
- Originating Lender
- Peapack-Gladstone Bank
Other PPP Loans in Somerset, NJ
| Business | Approved | |
|---|---|---|
| Nat Soft Corp | $7,331,027 | |
| Galaxe.solutions, Inc. | $6,780,400 | |
| Micro Stamping Corporation | $6,627,850 | |
| Roadtex Transportation Management Corp | $6,231,030 | |
| Budd Van Lines INC | $4,562,400 |
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