PPP Loan information for Coastal automotive, llc

$1,146,400

Coastal automotive, llc was initially approved for PPP Loan of amount $1,146,400, the current approved amount is $1,146,400. The loan was approved on 04/04/2020 by The Macatawa Bank reported 110 jobs and $1,146,400 was used to fund payroll.

Coastal automotive, llc is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Coastal automotive, llc

COASTAL AUTOMOTIVE, LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COASTAL AUTOMOTIVE, LLC

Borrower Address

1201 INDUSTRIAL AVE

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-5318

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1146400.00

Current Approval Amount

1146400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-5318

CD

MI-02

Jobs Reported

110

NAICS Code

326199

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1146400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1151482.52

Forgiveness Date

12/08/2020

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