# PPP loan: RAND INDUSTRIAL INSULATION
> **$782K** approved 04/11/2020 · Paid in Full · Loan `3091557102`
## Borrower
- **Name:** RAND INDUSTRIAL INSULATION
- **Address:** 35555 GENRON CT, ROMULUS, MI, 48174-3654
- **NAICS:** 562910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $782K
- **Initial approval:** $782K
- **Forgiven:** $790K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $782K
- **Jobs reported:** 32
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*