# PPP loan: ARBUTUS REFRIGERATION INC.
> **$311K** approved 01/23/2021 · Paid in Full · Loan `4952368304`
## Borrower
- **Name:** ARBUTUS REFRIGERATION INC.
- **Address:** 3635 Benson Ave, Baltimore, MD, 21227-1149
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*