PPP Loan information for Coastline electric inc

$35,000

Coastline electric inc was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/07/2020 by The BankNewport reported 3 jobs and $35,000 was used to fund payroll.

Coastline electric inc is New Business or 2 years or less

PPP Loan Search / RI / JOHNSTON / Coastline electric inc

COASTLINE ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COASTLINE ELECTRIC INC

Borrower Address

35 Hill Drive

Borrower City

JOHNSTON

Borrower State

RI

Borrower Zip

02919-3089

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JOHNSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-3089

CD

RI-02

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35000.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35259.86

Forgiveness Date

01/20/2021

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