# PPP loan: NORTH BASIN COATING INC
> **$700K** approved 02/12/2021 · Paid in Full · Loan `7523738401`
## Borrower
- **Name:** NORTH BASIN COATING INC
- **Address:** 2041 W State Road 300, Levelland, TX, 79336-7640
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $700K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*