PPP Loan information for Arctic air conditioning, inc.

$1,484,218

Arctic air conditioning, inc. was initially approved for PPP Loan of amount $1,484,218, the current approved amount is $1,484,218. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 131 jobs and $1,484,218 was used to fund payroll.

Arctic air conditioning, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / OLD BRIDGE / Arctic air conditioning, inc.

ARCTIC AIR CONDITIONING, INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARCTIC AIR CONDITIONING, INC.

Borrower Address

1 Pleasant Valley Rd

Borrower City

OLD BRIDGE

Borrower State

NJ

Borrower Zip

08857-4038

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1484218.00

Current Approval Amount

1484218.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD BRIDGE

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08857-4038

CD

NJ-12

Jobs Reported

131

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

1417218.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1499894.64

Forgiveness Date

05/10/2021

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