# PPP loan: SPECIALTY COATINGS INC
> **$395K** approved 04/27/2020 · Paid in Full · Loan `4430757201`
## Borrower
- **Name:** SPECIALTY COATINGS INC
- **Address:** PO BOX 680425, FRANKLIN, TN, 37068-0425
- **NAICS:** 325510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 30
## Lender
- **Originating:** Franklin Synergy Bank, A Division of
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*