# PPP loan: TRU-COAT POWDER COATING, INC.
> **$208K** approved 04/10/2020 · Paid in Full · Loan `1766987102`
## Borrower
- **Name:** TRU-COAT POWDER COATING, INC.
- **Address:** 1320 East 49th St, Chattanooga, TN, 37407-3522
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Jobs reported:** 14
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*