# PPP loan: SOUTHERN INSULATION INC.
> **$1.26M** approved 03/27/2021 · Paid in Full · Loan `2005528710`
## Borrower
- **Name:** SOUTHERN INSULATION INC.
- **Address:** 5218 Monroe Pl, Hyattsville, MD, 20781-1035
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.26M
- **Utilities:** $1
- **Jobs reported:** 83
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*