# PPP loan: ORBITAL INSULATION CORP
> **$573K** approved 01/26/2021 · Charged Off · Loan `6014808308`
## Borrower
- **Name:** ORBITAL INSULATION CORP
- **Address:** 817 Houston Ave, Port Arthur, TX, 77640-5225
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $573K
- **Initial approval:** $573K
- **Forgiven:** $574K (100%)
- **Forgiveness date:** 01/06/2022
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $573K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*