# PPP loan: LUDLOW REFRIGERATION COMPANY
> **$339K** approved 04/06/2020 · Paid in Full · Loan `6224877004`
## Borrower
- **Name:** LUDLOW REFRIGERATION COMPANY
- **Address:** 71 Claremont Rd, BERNARDSVILLE, NJ, 07924-2232
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Jobs reported:** 19
## Lender
- **Originating:** Kearny Bank
- **Servicing:** Kearny Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*