PPP Loan information for Industrial cooling corp

$2,000,000

Industrial cooling corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/23/2021 by The TD Bank, National Association reported 105 jobs and $2,000,000 was used to fund payroll.

Industrial cooling corp is Existing or more than 2 years old

INDUSTRIAL COOLING CORP

Date Approved

02/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

INDUSTRIAL COOLING CORP

Borrower Address

70 Liberty St

Borrower City

Metuchen

Borrower State

NJ

Borrower Zip

08840-1237

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metuchen

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-1237

CD

NJ-06

Jobs Reported

105

NAICS Code

333415

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018555.56

Forgiveness Date

01/28/2022

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