# PPP loan: DULUTH COATING SOLUTIONS INC
> **$310K** approved 04/06/2020 · Paid in Full · Loan `6396767002`
## Borrower
- **Name:** DULUTH COATING SOLUTIONS INC
- **Address:** 4785 SOUTH SHORE DRIVE, DULUTH, MN, 55811-8600
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $7K
- **Mortgage interest:** $10K
- **Utilities:** $3K
- **Jobs reported:** 3
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*