PPP Loan information for Coastal electric, inc.

$79,300

Coastal electric, inc. was initially approved for PPP Loan of amount $79,300, the current approved amount is $79,300. The loan was approved on 04/13/2020 by The South Shore Bank reported 6 jobs and $79,300 was used to fund payroll.

Coastal electric, inc. is New Business or 2 years or less

PPP Loan Search / MA / COHASSET / Coastal electric, inc.

COASTAL ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COASTAL ELECTRIC, INC.

Borrower Address

15 BROOK ST

Borrower City

COHASSET

Borrower State

MA

Borrower Zip

02025-1826

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79300.00

Current Approval Amount

79300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COHASSET

Project County Name

NORFOLK

Project State

MA

Project Zip

02025-1826

CD

MA-09

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79300.00

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

Subchapter S Corporation

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80183.31

Forgiveness Date

05/27/2021

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