PPP Loan information for General refrigeration company

$1,195,940

General refrigeration company was initially approved for PPP Loan of amount $1,195,940, the current approved amount is $1,195,940. The loan was approved on 04/05/2020 by The Summit Community Bank, Inc. reported 80 jobs and $1,195,940 was used to fund payroll.

General refrigeration company is Existing or more than 2 years old

PPP Loan Search / DE / DELMAR / General refrigeration company

GENERAL REFRIGERATION COMPANY

Date Approved

04/05/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

GENERAL REFRIGERATION COMPANY

Borrower Address

36615 Old Stage Road PO Box 140

Borrower City

DELMAR

Borrower State

DE

Borrower Zip

19940-2420

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1195940.00

Current Approval Amount

1195940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELMAR

Project County Name

SUSSEX

Project State

DE

Project Zip

19940-2420

CD

DE-

Jobs Reported

80

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1195940.00

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

Subchapter S Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1210125.18

Forgiveness Date

06/14/2021

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