# PPP loan: MAINTENANCE COATING CO
> **$386K** approved 04/09/2020 · Paid in Full · Loan `9426327005`
## Borrower
- **Name:** MAINTENANCE COATING CO
- **Address:** 543 WOODBURY ST, SOUTH ELGIN, IL, 60177-1379
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Health care:** $83K
- **Jobs reported:** 26
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*