PPP Loan information for Coastal insurance agency inc

$90,500

Coastal insurance agency inc was initially approved for PPP Loan of amount $90,500, the current approved amount is $90,500. The loan was approved on 04/13/2020 by The TowneBank reported 10 jobs and $90,500 was used to fund payroll.

Coastal insurance agency inc is New Business or 2 years or less

PPP Loan Search / VA / SUFFOLK / Coastal insurance agency inc

COASTAL INSURANCE AGENCY INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COASTAL INSURANCE AGENCY INC

Borrower Address

908 W Washington Street

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434-6242

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90500.00

Current Approval Amount

90500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-6242

CD

VA-02

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85852.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4648.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91191.32

Forgiveness Date

01/20/2021

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