# PPP loan: INSULATION SPECIALTIES, INCORPORATED
> **$1.40M** approved 01/16/2021 · Paid in Full · Loan `1088288307`
## Borrower
- **Name:** INSULATION SPECIALTIES, INCORPORATED
- **Address:** 501 Westover Ave, Hopewell, VA, 23860-5150
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 102
## Lender
- **Originating:** The Bank of Southside Virginia
- **Servicing:** The Bank of Southside Virginia (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*