PPP Loan information for Coastal tire & auto inc

$27,402

Coastal tire & auto inc was initially approved for PPP Loan of amount $27,402, the current approved amount is $27,402. The loan was approved on 03/04/2021 by The Calvin B. Taylor Banking Company reported 5 jobs and $27,402 was used to fund payroll.

Coastal tire & auto inc is Existing or more than 2 years old

COASTAL TIRE & AUTO INC

Date Approved

03/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COASTAL TIRE & AUTO INC

Borrower Address

3502 Main St

Borrower City

Exmore

Borrower State

VA

Borrower Zip

23350-4172

Loan Status Date

08/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27402.00

Current Approval Amount

27402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Exmore

Project County Name

NORTHAMPTON

Project State

VA

Project Zip

23350-4172

CD

VA-02

Jobs Reported

5

NAICS Code

423130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27397.00

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

27496.59

Forgiveness Date

07/13/2021

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