PPP Loan information for Coastal electric corporation

$260,945

Coastal electric corporation was initially approved for PPP Loan of amount $260,945, the current approved amount is $260,945. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 16 jobs and $260,945 was used to fund payroll.

Coastal electric corporation is Existing or more than 2 years old

COASTAL ELECTRIC CORPORATION

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COASTAL ELECTRIC CORPORATION

Borrower Address

8713 Virginia Meadows Dr

Borrower City

Manassas

Borrower State

VA

Borrower Zip

20109-7826

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260945.00

Current Approval Amount

260945.00

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

20109-7826

CD

VA-10

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260945.00

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

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

262682.25

Forgiveness Date

10/04/2021

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