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 04/15/2020 by The Orrstown Bank reported 16 jobs and $280,800 was used to fund payroll.

Ability refrigeration, inc. is Existing or more than 2 years old

ABILITY REFRIGERATION, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

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

01/20/2021

Loan Status

Paid in Full

Term

24

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

16

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

280800.00

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

282630.97

Forgiveness Date

12/17/2020

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