# PPP loan: INDUSTRIAL COOLING TECHNOLOGIES INC
> **$158K** approved 05/01/2020 · Paid in Full · Loan `1935017705`
## Borrower
- **Name:** INDUSTRIAL COOLING TECHNOLOGIES INC
- **Address:** 35 56 9TH ST, LONG ISLAND CITY, NY, 11106
- **NAICS:** 423740
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $1.02 (0%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $12K
- **Utilities:** $2K
- **Jobs reported:** 9
## 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*