# PPP loan: SPEAR INDUSTRIAL COATINGS, LLC
> **$334K** approved 04/12/2020 · Paid in Full · Loan `4011137100`
## Borrower
- **Name:** SPEAR INDUSTRIAL COATINGS, LLC
- **Address:** 2415 East Hwy 80, MIDLAND, TX, 79706
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 19
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*