# PPP loan: SYSTEMS ELECTRO COATING, LLC
> **$949K** approved 04/05/2020 · Paid in Full · Loan `5261087008`
## Borrower
- **Name:** SYSTEMS ELECTRO COATING, LLC
- **Address:** 253 OLD JACKSON RD, MADISON, MS, 39110-9485
- **NAICS:** 332811
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $949K
- **Initial approval:** $949K
- **Forgiven:** $956K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $949K
- **Jobs reported:** 68
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*