Ifs Coatings, Inc.
$2,497,000 PPP Loan in Gainesville, Texas
Loan Details
- Loan Number
- 5825727104
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,497,000
- Current Approval
- $2,497,000
- Forgiveness Amount
- $2,526,062
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ifs Coatings, Inc.
- Address
- 3601 N. I35
- City
- Gainesville
- State
- Texas
- ZIP Code
- 76240
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (325510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 214
- Estimated Revenue
- $212.3M
- Rural/Urban
- Rural
- Congressional District
- TX-26
Loan Use Breakdown
- Payroll
- $2,358,000
- Rent
- $20,000
- Utilities
- $89,000
- Mortgage Interest
- $30,000
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
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