# PPP loan: INSULATION DISTRIBUTORS, INC.
> **$6.59M** approved 04/08/2020 · Paid in Full · Loan `8691337004`
## Borrower
- **Name:** INSULATION DISTRIBUTORS, INC.
- **Address:** 8303 Audubon Road, CHANHASSEN, MN, 55317-9494
- **NAICS:** 423330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.59M
- **Initial approval:** $6.59M
- **Forgiven:** $6.68M (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.59M
- **Jobs reported:** 425
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*