# PPP loan: ACOUSTICAL SPRAY INSULATORS, INC
> **$150K** approved 04/07/2020 · Paid in Full · Loan `6773197004`
## Borrower
- **Name:** ACOUSTICAL SPRAY INSULATORS, INC
- **Address:** PO Box 625, ALLENTOWN, PA, 18102
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $38K
- **Jobs reported:** 15
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*