# PPP loan: INDUSTRIAL SPRING CORPORATION
> **$315K** approved 04/04/2020 · Paid in Full · Loan `4640877004`
## Borrower
- **Name:** INDUSTRIAL SPRING CORPORATION
- **Address:** 1801 BEDFORD RD, KANSAS CITY, MO, 64116-4402
- **NAICS:** 332613
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $104K
- **Mortgage interest:** $4K
- **Utilities:** $185K
- **Health care:** $21K
- **Debt interest:** $1K
- **Jobs reported:** 22
## Lender
- **Originating:** First Heritage Bank
- **Servicing:** First Heritage Bank (KS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*