# PPP loan: THERMAL INSULATION, INC.
> **$2.09M** approved 04/05/2020 · Paid in Full · Loan `5145997002`
## Borrower
- **Name:** THERMAL INSULATION, INC.
- **Address:** 2536 Central Parkway SW, DECATUR, AL, 35601-6380
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.09M
- **Initial approval:** $2.09M
- **Forgiven:** $2.11M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.09M
- **Jobs reported:** 165
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*