# PPP loan: RP COATINGS, INC.
> **$726K** approved 04/30/2020 · Paid in Full · Loan `6246197307`
## Borrower
- **Name:** RP COATINGS, INC.
- **Address:** 330 BARGRAVES BLVD, TROY, IL, 62294-2304
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $726K
- **Initial approval:** $726K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $712K
- **Utilities:** $2K
- **Health care:** $11K
- **Debt interest:** $1K
- **Jobs reported:** 40
## Lender
- **Originating:** FCB Banks
- **Servicing:** FCB Banks (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*