PPP Loan information for Coastal office systems inc.

$97,900

Coastal office systems inc. was initially approved for PPP Loan of amount $97,900, the current approved amount is $97,900. The loan was approved on 04/13/2020 by The TowneBank reported 9 jobs and $97,900 was used to fund payroll.

Coastal office systems inc. is Existing or more than 2 years old

COASTAL OFFICE SYSTEMS INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COASTAL OFFICE SYSTEMS INC.

Borrower Address

820 Greenbrier Circle STE 7

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2624

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97900.00

Current Approval Amount

97900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-2624

CD

VA-03

Jobs Reported

9

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97900.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98560.82

Forgiveness Date

12/28/2020

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