PPP Loan information for Intercoastal enterprises inc

$372,505

Intercoastal enterprises inc was initially approved for PPP Loan of amount $372,505, the current approved amount is $372,505. The loan was approved on 04/07/2020 by The United Bank reported 45 jobs and $372,505 was used to fund payroll.

Intercoastal enterprises inc is Existing or more than 2 years old

INTERCOASTAL ENTERPRISES INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INTERCOASTAL ENTERPRISES INC

Borrower Address

6934 BEACH DR SW

Borrower City

OCEAN ISLE BEACH

Borrower State

NC

Borrower Zip

28469-5738

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372505.00

Current Approval Amount

372505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN ISLE BEACH

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28469-5738

CD

NC-07

Jobs Reported

45

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

342505.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375391.91

Forgiveness Date

01/25/2021

;