# PPP loan: TECHNICOAT CORPORATION
> **$182K** approved 02/20/2021 · Paid in Full · Loan `2345808500`
## Borrower
- **Name:** TECHNICOAT CORPORATION
- **Address:** 1669 Cooper St, Durham, NC, 27703-5017
- **NAICS:** 331492
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $182K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*