PPP Loan information for Coastal electric inc

$124,915

Coastal electric inc was initially approved for PPP Loan of amount $124,915, the current approved amount is $124,915. The loan was approved on 01/28/2021 by The South Shore Bank reported 9 jobs and $124,915 was used to fund payroll.

Coastal electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Cohasset / Coastal electric inc

COASTAL ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COASTAL ELECTRIC INC

Borrower Address

15 Brook St

Borrower City

Cohasset

Borrower State

MA

Borrower Zip

02025-1896

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124915.00

Current Approval Amount

124915.00

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

Existing or more than 2 years old

Project City

Cohasset

Project County Name

NORFOLK

Project State

MA

Project Zip

02025-1896

CD

MA-09

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124914.00

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

125737.36

Forgiveness Date

09/24/2021

;