PPP Loan information for Coastal machine and supply inc.

$573,661

Coastal machine and supply inc. was initially approved for PPP Loan of amount $573,661, the current approved amount is $573,661. The loan was approved on 01/21/2021 by The Rayne State Bank & Trust Company reported 34 jobs and $573,661 was used to fund payroll.

Coastal machine and supply inc. is Existing or more than 2 years old

PPP Loan Search / LA / Carencro / Coastal machine and supply inc.

COASTAL MACHINE AND SUPPLY INC.

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

COASTAL MACHINE AND SUPPLY INC.

Borrower Address

4832 NE Evangeline Trwy

Borrower City

Carencro

Borrower State

LA

Borrower Zip

70520-5262

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

573661.00

Current Approval Amount

573661.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29256

Servicing Lender Name

Rayne State Bank & Trust Company

Servicing Lender Address

200 S Adams Ave

Servicing Lender City

RAYNE

Servicing Lender State

LA

Servicing Lender Zip

70578-5836

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carencro

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70520-5262

CD

LA-03

Jobs Reported

34

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

573659.00

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

29256

Originating Lender

Rayne State Bank & Trust Company

Originating Lender City

RAYNE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

579523.34

Forgiveness Date

02/03/2022

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