# PPP loan: GANNON'S REFRIGERATION SERVICE INC
> **$426K** approved 04/14/2020 · Paid in Full · Loan `7750657100`
## Borrower
- **Name:** GANNON'S REFRIGERATION SERVICE INC
- **Address:** 9180 Chapel Road, Easton, MD, 21601
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Rent:** $4K
- **Utilities:** $270
- **Health care:** $25K
- **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*