PPP Loan information for Coastal mechanical systems llc

$676,300

Coastal mechanical systems llc was initially approved for PPP Loan of amount $838,000, the current approved amount is $676,300. The loan was approved on 04/13/2020 by The TowneBank reported 46 jobs and $676,300 was used to fund payroll.

Coastal mechanical systems llc is Existing or more than 2 years old

COASTAL MECHANICAL SYSTEMS LLC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COASTAL MECHANICAL SYSTEMS LLC

Borrower Address

3460 Trant Avenue

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-3117

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

838000.00

Current Approval Amount

676300.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-3117

CD

VA-03

Jobs Reported

46

NAICS Code

336611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

676300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

683438.72

Forgiveness Date

05/13/2021

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