# PPP loan: TRI-STATE COATING & MACHINE CO.INC
> **$1.14M** approved 04/13/2020 · Paid in Full · Loan `4434327100`
## Borrower
- **Name:** TRI-STATE COATING & MACHINE CO.INC
- **Address:** 5610 MCCOMAS RD, SALT ROCK, WV, 25559-5913
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $813K
- **Mortgage interest:** $114K
- **Utilities:** $114K
- **Health care:** $101K
- **Jobs reported:** 73
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*