# PPP loan: DOBBS COATING SYSTEMS INC.
> **$274K** approved 01/28/2021 · Paid in Full · Loan `7844728301`
## Borrower
- **Name:** DOBBS COATING SYSTEMS INC.
- **Address:** 1888 Mineral Wells Hwy, Weatherford, TX, 76088-8316
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Community National Bank & Trust of Texas
- **Servicing:** Community National Bank & Trust of Texas (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*