# PPP loan: ARCTIC REFRIGERATION & AIR CONDITIONING SERVICE COMPANY, INC
> **$497K** approved 04/15/2020 · Paid in Full · Loan `8466007101`
## Borrower
- **Name:** ARCTIC REFRIGERATION & AIR CONDITIONING SERVICE COMPANY, INC
- **Address:** 301 Washington Street, Berlin, MD, 21811
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $424K
- **Rent:** $15K
- **Mortgage interest:** $13K
- **Utilities:** $7K
- **Health care:** $36K
- **Debt interest:** $1K
- **Jobs reported:** 41
## 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*