PPP Loan information for Coastal welding supply, inc.

$2,332,100

Coastal welding supply, inc. was initially approved for PPP Loan of amount $2,332,100, the current approved amount is $2,332,100. The loan was approved on 04/05/2020 by The Third Coast Bank SSB reported 183 jobs and $2,332,100 was used to fund payroll.

Coastal welding supply, inc. is Existing or more than 2 years old

COASTAL WELDING SUPPLY, INC.

Date Approved

04/05/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

COASTAL WELDING SUPPLY, INC.

Borrower Address

25 N 4TH ST

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77701-2538

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2332100.00

Current Approval Amount

2332100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

454766

Servicing Lender Name

Third Coast Bank SSB

Servicing Lender Address

20202 Hwy 59 North, Ste 190

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-2403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77701-2538

CD

TX-14

Jobs Reported

183

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2332100.00

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

Corporation

Originating Lender Location Id

454766

Originating Lender

Third Coast Bank SSB

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2358465.69

Forgiveness Date

05/26/2021

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