# PPP loan: MB COATINGS, INC.
> **$881K** approved 04/05/2020 · Paid in Full · Loan `5121127005`
## Borrower
- **Name:** MB COATINGS, INC.
- **Address:** 571 N POPLAR ST, ORANGE, CA, 92868-1009
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $881K
- **Initial approval:** $881K
- **Forgiven:** $887K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $881K
- **Jobs reported:** 165
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*