# PPP loan: KARCHER INSULATION INC.
> **$1.58M** approved 01/23/2021 · Paid in Full · Loan `4530498308`
## Borrower
- **Name:** KARCHER INSULATION INC.
- **Address:** 2300 E Orangewood Ave, Anaheim, CA, 92806-6112
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.58M
- **Utilities:** $1
- **Jobs reported:** 69
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*