PPP Loan information for Coastal electric corporation

$287,200

Coastal electric corporation was initially approved for PPP Loan of amount $287,200, the current approved amount is $287,200. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $287,200 was used to fund payroll.

Coastal electric corporation is Existing or more than 2 years old

COASTAL ELECTRIC CORPORATION

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COASTAL ELECTRIC CORPORATION

Borrower Address

8713 Virginia Meadows Drive

Borrower City

Manassas

Borrower State

VA

Borrower Zip

20109

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287200.00

Current Approval Amount

287200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manassas

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

20109-1900

CD

VA-10

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240200.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289332.36

Forgiveness Date

01/20/2021

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