PPP Loan information for Coastal motor sales inc

$1,619,035

Coastal motor sales inc was initially approved for PPP Loan of amount $1,619,035, the current approved amount is $1,619,035. The loan was approved on 02/17/2021 by The Ameris Bank reported 117 jobs and $1,619,035 was used to fund payroll.

Coastal motor sales inc is Existing or more than 2 years old

PPP Loan Search / GA / Savannah / Coastal motor sales inc

COASTAL MOTOR SALES INC

Date Approved

02/17/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

COASTAL MOTOR SALES INC

Borrower Address

11101 Abercorn St

Borrower City

Savannah

Borrower State

GA

Borrower Zip

31419-1821

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1619035.00

Current Approval Amount

1619035.00

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Savannah

Project County Name

CHATHAM

Project State

GA

Project Zip

31419-1821

CD

GA-01

Jobs Reported

117

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1619035.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1624313.50

Forgiveness Date

06/18/2021

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