# PPP loan: CHEY INSULATION INC
> **$258K** approved 01/17/2021 · Paid in Full · Loan `1458868302`
## Borrower
- **Name:** CHEY INSULATION INC
- **Address:** 28 Switch Rd, Canaan, NH, 03741-7658
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $258K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Ledyard National Bank
- **Servicing:** Ledyard National Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*