# PPP loan: INSULATION CONTRACTOR SERVICES
> **$195K** approved 04/07/2020 · Paid in Full · Loan `7385137000`
## Borrower
- **Name:** INSULATION CONTRACTOR SERVICES
- **Address:** 619 Scott Street Suite 2, CAMBRIDGE, IA, 50046
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $7K
- **Utilities:** $4K
- **Jobs reported:** 23
## Lender
- **Originating:** State Bank & Trust Co.
- **Servicing:** State Bank & Trust Co. (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*