PPP Loan information for Coastal carriers inc

$350,736

Coastal carriers inc was initially approved for PPP Loan of amount $338,300, the current approved amount is $350,736. The loan was approved on 04/10/2020 by The Truist Bank reported 15 jobs and $350,736 was used to fund payroll.

Coastal carriers inc is Existing or more than 2 years old

COASTAL CARRIERS INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COASTAL CARRIERS INC

Borrower Address

1105 MERCHANT LN

Borrower City

CAROLINA BEACH

Borrower State

NC

Borrower Zip

28428-4716

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338300.00

Current Approval Amount

350736.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROLINA BEACH

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28428-4716

CD

NC-07

Jobs Reported

15

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350736.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

353795.20

Forgiveness Date

03/05/2021

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