PPP Loan information for Coast electric power association

$4,445,000

Coast electric power association was initially approved for PPP Loan of amount $4,445,000, the current approved amount is $4,445,000. The loan was approved on 04/08/2020 by The Regions Bank reported 250 jobs and $4,445,000 was used to fund payroll.

Coast electric power association is Existing or more than 2 years old

PPP Loan Search / MS / KILN / Coast electric power association

COAST ELECTRIC POWER ASSOCIATION

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COAST ELECTRIC POWER ASSOCIATION

Borrower Address

18020 HIGHWAY 603

Borrower City

KILN

Borrower State

MS

Borrower Zip

39556-8487

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4445000.00

Current Approval Amount

4445000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KILN

Project County Name

HANCOCK

Project State

MS

Project Zip

39556-8487

CD

MS-04

Jobs Reported

250

NAICS Code

221111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4445000.00

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

Professional Association

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4515389.32

Forgiveness Date

11/24/2021

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