Marotta Controls, INC

$5,782,400 PPP Loan in Montville, New Jersey

Loan Details

Loan Number
9859637108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$5,782,400
Current Approval
$5,782,400
Forgiveness Amount
$5,846,878
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marotta Controls, INC
Address
Po Box 427
ZIP Code
07045
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
334
Estimated Revenue
$52.1M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$5,782,400

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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