# PPP loan: GENERAL REFRIGERATING CO. INC.
> **$304K** approved 03/31/2021 · Paid in Full · Loan `4048368709`
## Borrower
- **Name:** GENERAL REFRIGERATING CO. INC.
- **Address:** 244 Green St, South Hackensack, NJ, 07606-1429
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $304K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*