PPP Loan information for Coastal automotive llc

$1,266,300

Coastal automotive llc was initially approved for PPP Loan of amount $1,266,300, the current approved amount is $1,266,300. The loan was approved on 02/10/2021 by The Macatawa Bank reported 219 jobs and $1,266,300 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

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COASTAL AUTOMOTIVE LLC

Borrower Address

1201 Industrial Ave

Borrower City

Holland

Borrower State

MI

Borrower Zip

49423-5318

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1266300.00

Current Approval Amount

1266300.00

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

219

NAICS Code

336390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1266297.00

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

1271746.82

Forgiveness Date

07/30/2021

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