PPP Loan information for Coastal electric inc.

$630,600

Coastal electric inc. was initially approved for PPP Loan of amount $630,600, the current approved amount is $630,600. The loan was approved on 04/11/2020 by The Western Alliance Bank reported 48 jobs and $630,600 was used to fund payroll.

Coastal electric inc. is Existing or more than 2 years old

COASTAL ELECTRIC INC.

Date Approved

04/11/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

COASTAL ELECTRIC INC.

Borrower Address

99 Pullman Way

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95111-3161

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630600.00

Current Approval Amount

630600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95111-3161

CD

CA-16

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15753.00

Payroll Proceed

536020.00

Mortgage Interest Proceed

15765.00

Rent Proceed

31531.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

31531

Business Type

Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

635294.47

Forgiveness Date

01/14/2021

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