# PPP loan: ABCO REFRIGERATION SUPPLY CORP.
> **$5.48M** approved 04/10/2020 · Paid in Full · Loan `1519707102`
## Borrower
- **Name:** ABCO REFRIGERATION SUPPLY CORP.
- **Address:** 49-70 31st Street 0.0, Long Island City, NY, 11101-3193
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.48M
- **Initial approval:** $5.48M
- **Forgiven:** $5.55M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.11M
- **Rent:** $505K
- **Utilities:** $100K
- **Health care:** $765K
- **Jobs reported:** 298
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*