PPP Loan information for Strato inc.

$2,000,000

Strato inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/27/2021 by The Loan Source Incorporated reported 107 jobs and $2,000,000 was used to fund payroll.

Strato inc. is Existing or more than 2 years old

STRATO INC.

Date Approved

03/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

STRATO INC.

Borrower Address

100 New England Ave

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854-4144

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Piscataway

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-4144

CD

NJ-06

Jobs Reported

107

NAICS Code

336510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020657.53

Forgiveness Date

04/21/2022

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