# PPP loan: INSULATION CORPORATIONOF AMERICA
> **$476K** approved 04/07/2020 · Paid in Full · Loan `6894667010`
## Borrower
- **Name:** INSULATION CORPORATIONOF AMERICA
- **Address:** 2571 Mitchell Avenue, ALLENTOWN, PA, 18103-6609
- **NAICS:** 326140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Utilities:** $119K
- **Jobs reported:** 39
## 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*