# PPP loan: EAGLE INSULATION DISTRIBUTORSSUPPLY, INC
> **$297K** approved 05/01/2020 · Charged Off · Loan `1026597707`
## Borrower
- **Name:** EAGLE INSULATION DISTRIBUTORSSUPPLY, INC
- **Address:** 4545 CENTER BLVD APT 3801, LONG ISLAND CITY, NY, 11109
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $263K (89%)
- **Forgiveness date:** 08/26/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $90K
- **Utilities:** $8K
- **Jobs reported:** 24
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*