# PPP loan: JET-HOT COATINGS LLC
> **$639K** approved 04/06/2020 · Paid in Full · Loan `6245347008`
## Borrower
- **Name:** JET-HOT COATINGS LLC
- **Address:** 2611 LaVista Dr., BURLINGTON, NC, 27215-7500
- **NAICS:** 325130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $639K
- **Initial approval:** $639K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Rent:** $55K
- **Utilities:** $58K
- **Jobs reported:** 54
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*