# PPP loan: GULF STATE PROTECTIVE COATINGS INC.
> **$359K** approved 02/24/2021 · Paid in Full · Loan `3896118506`
## Borrower
- **Name:** GULF STATE PROTECTIVE COATINGS INC.
- **Address:** 201 N 16th St, La Porte, TX, 77571-3166
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $360K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Jobs reported:** 42
## Lender
- **Originating:** Moody National Bank
- **Servicing:** Moody National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*