# PPP loan: WAKE COATINGS
> **$179K** approved 04/12/2020 · Paid in Full · Loan `4145517102`
## Borrower
- **Name:** WAKE COATINGS
- **Address:** 6216-C Angus Drive, RALEIGH, NC, 27617-4739
- **NAICS:** 238320
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $3K
- **Utilities:** $2K
- **Jobs reported:** 22
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*