ATLANTIC REFRIGERATION AND AIR CONDITIONING INC (DE) - 2020 PPP Loan Borrower Profile (# 6652887003)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ATLANTIC REFRIGERATION AND AIR CONDITIONING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
6652887003
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$599,169
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$602,543.53
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
107,564
Payroll Proced
479,376
Mortgage Interest Proceed
2,229
Rent Proceed
10,000
Lender
Wilmington Savings Fund Society, FSB
Business Detail
Business Type
Corporation
NAICS
238220
Borrower Location
LEWES, DE
Project Location
LEWES, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
54
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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