# PPP loan: INSULATION SYSTEMS INC
> **$314K** approved 02/25/2021 · Paid in Full · Loan `4453398504`
## Borrower
- **Name:** INSULATION SYSTEMS INC
- **Address:** 165 S Mount Pleasant Rd, Collierville, TN, 38017-2725
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $314K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*