# PPP loan: MCCORMICK INSULATION SUPPLY INC
> **$515K** approved 08/03/2020 · Paid in Full · Loan `2897228207`
## Borrower
- **Name:** MCCORMICK INSULATION SUPPLY INC
- **Address:** 11424 Cronhill Drive, OWINGS MILLS, MD, 21117-2221
- **NAICS:** 423330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $515K
- **Jobs reported:** 48
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*