# PPP loan: NU WOOL INSULATION CO INC
> **$1.08M** approved 04/10/2020 · Paid in Full · Loan `1360247103`
## Borrower
- **Name:** NU WOOL INSULATION CO INC
- **Address:** 2472 PORT SHELDON ST, JENISON, MI, 49428-9342
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Jobs reported:** 64
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*