PPP Loan information for Coastal financial corporation

$39,387

Coastal financial corporation was initially approved for PPP Loan of amount $39,387, the current approved amount is $39,387. The loan was approved on 03/04/2021 by The First National Bank of Michigan reported 4 jobs and $39,387 was used to fund payroll.

Coastal financial corporation is Existing or more than 2 years old

COASTAL FINANCIAL CORPORATION

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COASTAL FINANCIAL CORPORATION

Borrower Address

194 1/2 S River Ave

Borrower City

Holland

Borrower State

MI

Borrower Zip

49423-3174

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39387.00

Current Approval Amount

39387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holland

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-3174

CD

MI-02

Jobs Reported

4

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39386.00

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

Subchapter S Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39707.49

Forgiveness Date

12/28/2021

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