# PPP loan: INSULATION & REFRACTORIES SERVICES, INC.
> **$888K** approved 04/09/2020 · Paid in Full · Loan `9984207009`
## Borrower
- **Name:** INSULATION & REFRACTORIES SERVICES, INC.
- **Address:** 462 DECATUR ST., MEMPHIS, TN, 38105-2417
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $888K
- **Initial approval:** $888K
- **Forgiven:** $897K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $818K
- **Rent:** $11K
- **Utilities:** $2K
- **Health care:** $57K
- **Jobs reported:** 64
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*