# PPP loan: TECHNICOAT CORPORATION
> **$189K** approved 04/30/2020 · Paid in Full · Loan `6213327302`
## Borrower
- **Name:** TECHNICOAT CORPORATION
- **Address:** 1669 COOPER ST, DURHAM, NC, 27703-5017
- **NAICS:** 325510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 20
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*