PPP Loan information for Inrad optics, inc.

$973,166

Inrad optics, inc. was initially approved for PPP Loan of amount $973,166, the current approved amount is $973,166. The loan was approved on 04/28/2020 by The Valley National Bank reported 59 jobs and $973,166 was used to fund payroll.

Inrad optics, inc. is Existing or more than 2 years old

INRAD OPTICS, INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INRAD OPTICS, INC.

Borrower Address

181 Legrand Ave.

Borrower City

Northvale

Borrower State

NJ

Borrower Zip

07647

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

973166.00

Current Approval Amount

973166.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northvale

Project County Name

BERGEN

Project State

NJ

Project Zip

07647-0001

CD

NJ-05

Jobs Reported

59

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

973166.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

980140.36

Forgiveness Date

01/20/2021

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