# PPP loan: REFRIGERATION ENGINEERING, INC.
> **$163K** approved 04/13/2020 · Paid in Full · Loan `5181887110`
## Borrower
- **Name:** REFRIGERATION ENGINEERING, INC.
- **Address:** PMB 622 #267 CALLE SIERRA MORENA, SAN JUAN, PR, 00926-5583
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $9K
- **Utilities:** $16K
- **Jobs reported:** 34
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*