# PPP loan: DOBBS COATING SYSTEMS INC.
> **$248K** approved 04/08/2020 · Paid in Full · Loan `8147307002`
## Borrower
- **Name:** DOBBS COATING SYSTEMS INC.
- **Address:** 1888 MINERAL WELLS HWY, WEATHERFORD, TX, 76088-8316
- **NAICS:** 325510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 26
## Lender
- **Originating:** Community National Bank & Trust of Texas
- **Servicing:** Community National Bank & Trust of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*