# PPP loan: ARNOLD REFRIGERATION INC
> **$176K** approved 06/25/2020 · Paid in Full · Loan `3922518001`
## Borrower
- **Name:** ARNOLD REFRIGERATION INC
- **Address:** 315 ANGULAR ST, BURLINGTON, IA, 52601-5827
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 14
## Lender
- **Originating:** Farmers & Merchants Bank & Trust
- **Servicing:** Farmers & Merchants Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*