# PPP loan: METAL PROTECTIVE COATING PROFESSIONALS INC.
> **$163K** approved 05/13/2020 · Paid in Full · Loan `6071607405`
## Borrower
- **Name:** METAL PROTECTIVE COATING PROFESSIONALS INC.
- **Address:** 6448 Cunningham Road, Houston, TX, 77041
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $98K
- **Rent:** $33K
- **Mortgage interest:** $11K
- **Utilities:** $13K
- **Health care:** $8K
- **Jobs reported:** 14
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*