# PPP loan: URBAN INSULATION
> **$175K** approved 05/12/2020 · Paid in Full · Loan `5524047402`
## Borrower
- **Name:** URBAN INSULATION
- **Address:** 8520 Sheridan Drive, Buffalo, NY, 14221
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1K
- **Health care:** $11K
- **Jobs reported:** 24
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*