# PPP loan: COUGHLIN INC
> **$348K** approved 04/10/2020 · Paid in Full · Loan `2148407100`
## Borrower
- **Name:** COUGHLIN INC
- **Address:** 14936 Keeneland Cir, GAITHERSBURG, MD, 20878-3782
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $28K
- **Utilities:** $2K
- **Health care:** $22K
- **Debt interest:** $44K
- **Jobs reported:** 44
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*