# PPP loan: CUSTOM COATING, INC.
> **$245K** approved 04/29/2020 · Paid in Full · Loan `2252577301`
## Borrower
- **Name:** CUSTOM COATING, INC.
- **Address:** 1937 Jacob Street, AUBURN, IN, 46706
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $24K
- **Mortgage interest:** $24K
- **Jobs reported:** 26
## 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*