PPP Loan information for Coastal machine and supply, inc

$609,800

Coastal machine and supply, inc was initially approved for PPP Loan of amount $609,800, the current approved amount is $609,800. The loan was approved on 04/08/2020 by The Rayne State Bank & Trust Company reported 43 jobs and $609,800 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

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COASTAL MACHINE AND SUPPLY, INC

Borrower Address

4832 NE Evangeline Thrwy

Borrower City

CARENCRO

Borrower State

LA

Borrower Zip

70520-5262

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

609800.00

Current Approval Amount

609800.00

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

Y

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

70520-0001

CD

LA-03

Jobs Reported

43

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

609800.00

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

616432.62

Forgiveness Date

05/20/2021

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