# PPP loan: COOL-O-MATIC INC
> **$250K** approved 04/14/2020 · Paid in Full · Loan `6832437103`
## Borrower
- **Name:** COOL-O-MATIC INC
- **Address:** 409 North Main Street, MANVILLE, NJ, 08835-1357
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 15
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*