PPP Loan information for Coastal production system

$486,423

Coastal production system was initially approved for PPP Loan of amount $486,423, the current approved amount is $486,423. The loan was approved on 04/07/2020 by The JD Bank reported 33 jobs and $486,423 was used to fund payroll.

Coastal production system is Existing or more than 2 years old

COASTAL PRODUCTION SYSTEM

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COASTAL PRODUCTION SYSTEM

Borrower Address

610 East Main St.

Borrower City

BROUSSARD

Borrower State

LA

Borrower Zip

70518-4102

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486423.15

Current Approval Amount

486423.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28306

Servicing Lender Name

JD Bank

Servicing Lender Address

507 N Main St

Servicing Lender City

JENNINGS

Servicing Lender State

LA

Servicing Lender Zip

70546-5345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROUSSARD

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70518-4102

CD

LA-03

Jobs Reported

33

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486423.15

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

28306

Originating Lender

JD Bank

Originating Lender City

JENNINGS

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

491436.01

Forgiveness Date

04/16/2021

;