Arctic Air Conditioning, Inc.

$1,484,218 PPP Loan in Old Bridge, New Jersey

Loan Details

Loan Number
4679247109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,484,218
Current Approval
$1,484,218
Forgiveness Amount
$1,499,895
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arctic Air Conditioning, Inc.
Address
1 Pleasant Valley Rd
ZIP Code
08857-4038
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$41.4M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$1,417,218
Rent
$36,000
Utilities
$15,000
Health Care
$16,000

Lender Information

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

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