# PPP loan: COACH CRAFTERS, INC.
> **$394K** approved 04/10/2020 · Paid in Full · Loan `1231227101`
## Borrower
- **Name:** COACH CRAFTERS, INC.
- **Address:** 27530 COUNTY ROAD 561, TAVARES, FL, 32778-9460
- **NAICS:** 811198
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Rent:** $37K
- **Utilities:** $5K
- **Jobs reported:** 32
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*