# PPP loan: PERFORMANCE COATINGS, INC.
> **$265K** approved 04/15/2020 · Paid in Full · Loan `1254647210`
## Borrower
- **Name:** PERFORMANCE COATINGS, INC.
- **Address:** 360 LAKE MENDOCINO DR, UKIAH, CA, 95482-9497
- **NAICS:** 325510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 20
## Lender
- **Originating:** Savings Bank of Mendocino County
- **Servicing:** Savings Bank of Mendocino County (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*