# PPP loan: SPECIALIZED COATING SERVICES
> **$611K** approved 04/09/2020 · Paid in Full · Loan `8880317008`
## Borrower
- **Name:** SPECIALIZED COATING SERVICES
- **Address:** 42680 CHRISTY ST, FREMONT, CA, 94538-3135
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $618K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Rent:** $80K
- **Utilities:** $16K
- **Jobs reported:** 72
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*