PPP Loan information for Coastal electric, inc.

$52,000

Coastal electric, inc. was initially approved for PPP Loan of amount $271,500, the current approved amount is $52,000. The loan was approved on 04/05/2020 by The BankNewport reported 15 jobs and $52,000 was used to fund payroll.

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

PPP Loan Search / RI / NEWPORT / Coastal electric, inc.

COASTAL ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

COASTAL ELECTRIC, INC.

Borrower Address

64 Halsey St, Unit 1

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-1332

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

271500.00

Current Approval Amount

52000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-1332

CD

RI-01

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52501.48

Forgiveness Date

04/09/2021

;