# PPP loan: SPECIALTY COATINGS INC
> **$417K** approved 05/12/2021 · Charged Off · Loan `1001259009`
## Borrower
- **Name:** SPECIALTY COATINGS INC
- **Address:** 1767 Stillwater Cir, Brentwood, TN, 37027-8645
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Status:** Charged Off
- **Term:** 23 months
## Use of funds
- **Payroll:** $417K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Wayne County Bank
- **Servicing:** Wayne County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*