# PPP loan: HALE PERFORMANCE COATING INC
> **$938K** approved 04/04/2020 · Paid in Full · Loan `4916217007`
## Borrower
- **Name:** HALE PERFORMANCE COATING INC
- **Address:** 2282 ALBION ST, TOLEDO, OH, 43606-4523
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $938K
- **Initial approval:** $938K
- **Forgiven:** $943K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $761K
- **Rent:** $86K
- **Mortgage interest:** $13K
- **Utilities:** $77K
- **Jobs reported:** 75
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*