PPP Loan information for Coastal gunite construction company

$723,655

Coastal gunite construction company was initially approved for PPP Loan of amount $723,655, the current approved amount is $723,655. The loan was approved on 04/05/2020 by The Summit Community Bank, Inc. reported 50 jobs and $723,655 was used to fund payroll.

Coastal gunite construction company is Existing or more than 2 years old

COASTAL GUNITE CONSTRUCTION COMPANY

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

COASTAL GUNITE CONSTRUCTION COMPANY

Borrower Address

16 Washington Street

Borrower City

CAMBRIDGE

Borrower State

MD

Borrower Zip

21613-2802

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

723655.00

Current Approval Amount

723655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-2802

CD

MD-01

Jobs Reported

50

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

723655.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

727836.12

Forgiveness Date

11/05/2020

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