# PPP loan: MARTIN SPECIALTY COATINGS LLC
> **$840K** approved 04/06/2020 · Paid in Full · Loan `5722387008`
## Borrower
- **Name:** MARTIN SPECIALTY COATINGS LLC
- **Address:** 5015 FLOURNOY LUCAS RD, SHREVEPORT, LA, 71129-5114
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $840K
- **Initial approval:** $840K
- **Forgiven:** $845K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $840K
- **Jobs reported:** 76
## Lender
- **Originating:** Red River Bank
- **Servicing:** Red River Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*