PPP Loan information for Coastal welding supply inc.

$2,000,000

Coastal welding supply inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Third Coast Bank SSB reported 184 jobs and $2,000,000 was used to fund payroll.

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

PPP Loan Search / TX / Beaumont / Coastal welding supply inc.

COASTAL WELDING SUPPLY INC.

Date Approved

01/28/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

COASTAL WELDING SUPPLY INC.

Borrower Address

2155 Interstate 10 E

Borrower City

Beaumont

Borrower State

TX

Borrower Zip

77701-1010

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

454766

Servicing Lender Name

Third Coast Bank SSB

Servicing Lender Address

20202 Hwy 59 North, Ste 190

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-2403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beaumont

Project County Name

JEFFERSON

Project State

TX

Project Zip

77701-1010

CD

TX-14

Jobs Reported

184

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

454766

Originating Lender

Third Coast Bank SSB

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014277.78

Forgiveness Date

10/21/2021

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