PPP Loan information for Midcoast properties inc

$24,800

Midcoast properties inc was initially approved for PPP Loan of amount $24,800, the current approved amount is $24,800. The loan was approved on 01/27/2021 by The Coastal States Bank reported 3 jobs and $24,800 was used to fund payroll.

Midcoast properties inc is Existing or more than 2 years old

MIDCOAST PROPERTIES INC

Date Approved

01/27/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MIDCOAST PROPERTIES INC

Borrower Address

7 Heyward Pl

Borrower City

Hilton Head Island

Borrower State

SC

Borrower Zip

29928-3923

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24800.00

Current Approval Amount

24800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hilton Head Island

Project County Name

BEAUFORT

Project State

SC

Project Zip

29928-3923

CD

SC-01

Jobs Reported

3

NAICS Code

531130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24799.00

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

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24981.18

Forgiveness Date

10/25/2021

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