# PPP loan: THOMAS INDUSTRIAL COATINGS, INC.
> **$2.27M** approved 04/07/2020 · Paid in Full · Loan `6648207006`
## Borrower
- **Name:** THOMAS INDUSTRIAL COATINGS, INC.
- **Address:** 2070 HIGHWAY Z, PEVELY, MO, 63070-1800
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.27M
- **Initial approval:** $2.27M
- **Forgiven:** $2.30M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.27M
- **Jobs reported:** 109
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*