# PPP loan: KELCO INSULATION, INC.
> **$568K** approved 04/28/2020 · Paid in Full · Loan `1306377302`
## Borrower
- **Name:** KELCO INSULATION, INC.
- **Address:** 12115 MERRICKS CT, MONROVIA, MD, 21770-9446
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $568K
- **Jobs reported:** 41
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*