COVID Stimulus Watch Individual Entry

Recipient Company:
INRAD OPTICS, INC.
Loan or Loan Guarantee Amount:
$973,166

Recipient Details

Ownership Structure: publicly traded (ticker symbol INRD)
Facility Street Address: 181 Legrand Ave.
Facility City: Northvale
Facility State: NJ
Facility Zip Code: 07647
Facility Congressional District: NJ-05
Facility NAICS Code: 423830 : Industrial Machinery and Equipment Merchant Wholesalers

Award Details

Award Date: Apr 28, 2020
Award Type: loan
Jobs Reported at Time of Application: 59
PPP Lender: Valley National Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/719494/000110465920058354/tm2019...

Parent Company Data

Parent Company: Inrad Optics, Inc.
Headquartered in: New Jersey
Parent Sector: miscellaneous manufacturing
Parent Industry: photonics products
Employees (prior to pandemic): 58

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $231,448
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues