PPP Loan information for Ability refrigeration inc

$280,800

Ability refrigeration inc was initially approved for PPP Loan of amount $280,800, the current approved amount is $280,800. The loan was approved on 01/20/2021 by The Orrstown Bank reported 14 jobs and $280,800 was used to fund payroll.

Ability refrigeration inc is Existing or more than 2 years old

PPP Loan Search / MD / Middle River / Ability refrigeration inc

ABILITY REFRIGERATION INC

Date Approved

01/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ABILITY REFRIGERATION INC

Borrower Address

1107 Middle River Rd

Borrower City

Middle River

Borrower State

MD

Borrower Zip

21220-2422

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280800.00

Current Approval Amount

280800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middle River

Project County Name

BALTIMORE

Project State

MD

Project Zip

21220-2422

CD

MD-02

Jobs Reported

14

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

280795.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

284077.28

Forgiveness Date

03/30/2022

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