# PPP loan: CUSTOM COATING INC
> **$242K** approved 02/19/2021 · Paid in Full · Loan `1739638506`
## Borrower
- **Name:** CUSTOM COATING INC
- **Address:** 1937 Jacob St, Auburn, IN, 46706-3516
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*