# PPP loan: MATSON COATINGS LLC
> **$186K** approved 04/29/2020 · Paid in Full · Loan `2471567309`
## Borrower
- **Name:** MATSON COATINGS LLC
- **Address:** 5901 Old Fredricksburg Rd, AUSTIN, TX, 78749
- **NAICS:** 212321
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $189K (102%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $1K
- **Jobs reported:** 26
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*