# PPP loan: NEW TK COATINGS, LLC
> **$244K** approved 04/10/2020 · Paid in Full · Loan `2005497108`
## Borrower
- **Name:** NEW TK COATINGS, LLC
- **Address:** 8411 RANNIE RD, HOUSTON, TX, 77080-2022
- **NAICS:** 332813
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 25
## Lender
- **Originating:** Plains State Bank
- **Servicing:** Plains State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*