# PPP loan: NEW YORK INSULATION INC.
> **$610K** approved 02/23/2021 · Paid in Full · Loan `3141178504`
## Borrower
- **Name:** NEW YORK INSULATION INC.
- **Address:** 5848 59th St, Maspeth, NY, 11378-3226
- **NAICS:** 562910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $610K
- **Initial approval:** $610K
- **Forgiven:** $600K (98%)
- **Forgiveness date:** 04/29/2022
- **Status:** Paid in Full
- **Term:** 58 months
## Use of funds
- **Payroll:** $610K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*