PPP Loan information for Coast electric inc

$107,818

Coast electric inc was initially approved for PPP Loan of amount $107,818, the current approved amount is $107,818. The loan was approved on 01/28/2021 by The Regions Bank reported 11 jobs and $107,818 was used to fund payroll.

Coast electric inc is Existing or more than 2 years old

COAST ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

COAST ELECTRIC INC

Borrower Address

2423 Bainbridge St Ste 204

Borrower City

Kenner

Borrower State

LA

Borrower Zip

70062-5291

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107818.00

Current Approval Amount

107818.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kenner

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-5291

CD

LA-02

Jobs Reported

11

NAICS Code

236220

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107817.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108506.26

Forgiveness Date

09/27/2021

;