# PPP loan: HOMECO INSULATION INC
> **$739K** approved 04/05/2020 · Paid in Full · Loan `5283057000`
## Borrower
- **Name:** HOMECO INSULATION INC
- **Address:** 3102 103rd Lane NE, Blaine, MN, 55449-4522
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $739K
- **Initial approval:** $739K
- **Forgiven:** $744K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $739K
- **Jobs reported:** 35
## Lender
- **Originating:** North American Banking Company
- **Servicing:** North American Banking Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*