Sound Refrigeration and Air Conditioning, INC

$1,862,000 PPP Loan in Garden City Park, New York

Loan Details

Loan Number
2014067110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,862,000
Current Approval
$1,862,000
Forgiveness Amount
$1,886,736
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sound Refrigeration and Air Conditioning, INC
Address
58 Old Stewart Avenue 0.0
ZIP Code
11040-4445
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$26.3M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$1,518,965
Rent
$91,694
Utilities
$9,000
Health Care
$205,000
Debt Interest
$37,341

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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