# PPP loan: COATINGS OF ILLINOIS LLC
> **$207K** approved 04/11/2020 · Paid in Full · Loan `2645867110`
## Borrower
- **Name:** COATINGS OF ILLINOIS LLC
- **Address:** 4647 Reas Bridge Rd, DECATUR, IL, 62521
- **NAICS:** 238330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 13
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*