# PPP loan: THOMAS INSULATION
> **$344K** approved 05/01/2020 · Paid in Full · Loan `8478487309`
## Borrower
- **Name:** THOMAS INSULATION
- **Address:** 30146 Crains Creek Road, FRANKLINTON, LA, 70438
- **NAICS:** 238310
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $350K (102%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Rent:** $10K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 35
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*