PPP Loan information for Coastal drilling land company, llc

$1,924,857

Coastal drilling land company, llc was initially approved for PPP Loan of amount $1,924,857, the current approved amount is $1,924,857. The loan was approved on 04/14/2020 by The First Horizon Bank reported 79 jobs and $1,924,857 was used to fund payroll.

Coastal drilling land company, llc is Existing or more than 2 years old

COASTAL DRILLING LAND COMPANY, LLC

Date Approved

04/14/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

COASTAL DRILLING LAND COMPANY, LLC

Borrower Address

311 SARATOGA BLVD

Borrower City

CORPUS CHRISTI

Borrower State

TX

Borrower Zip

78417-3506

Loan Status Date

12/09/2021

Loan Status

Charged Off

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

1924857.00

Current Approval Amount

1924857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORPUS CHRISTI

Project County Name

NUECES

Project State

TX

Project Zip

78417-3506

CD

TX-27

Jobs Reported

79

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9857.00

Payroll Proceed

1709000.00

Mortgage Interest Proceed

0.00

Rent Proceed

37000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

169000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

820048.37

Forgiveness Date

03/17/2023

;