PPP Loan information for Coastal telephone corp.

$47,312

Coastal telephone corp. was initially approved for PPP Loan of amount $47,312, the current approved amount is $47,312. The loan was approved on 02/27/2021 by The Saco & Biddeford Savings Institution reported 4 jobs and $47,312 was used to fund payroll.

Coastal telephone corp. is Existing or more than 2 years old

COASTAL TELEPHONE CORP.

Date Approved

02/27/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

COASTAL TELEPHONE CORP.

Borrower Address

56 Smithwheel Rd

Borrower City

Old Orchard Beach

Borrower State

ME

Borrower Zip

04064-1014

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47312.00

Current Approval Amount

47312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Orchard Beach

Project County Name

YORK

Project State

ME

Project Zip

04064-1014

CD

ME-01

Jobs Reported

4

NAICS Code

561421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

47310.00

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47549.21

Forgiveness Date

09/07/2021

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