# PPP loan: G.M. INSULATION CORP.
> **$308K** approved 08/07/2020 · Paid in Full · Loan `5496748202`
## Borrower
- **Name:** G.M. INSULATION CORP.
- **Address:** 1345 Rosser Avenue, Elmont, NY, 11003-3244
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 33
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*