# PPP loan: LADNER COATINGS, INC.
> **$223K** approved 05/29/2020 · Paid in Full · Loan `5007017809`
## Borrower
- **Name:** LADNER COATINGS, INC.
- **Address:** 8372 MONROE AVE, STANTON, CA, 90680-2614
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $224K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $45K
- **Jobs reported:** 17
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*