PPP Loan information for Coastal electric supply llc

$235,375

Coastal electric supply llc was initially approved for PPP Loan of amount $235,375, the current approved amount is $235,375. The loan was approved on 03/12/2021 by The Hancock Whitney Bank reported 20 jobs and $235,375 was used to fund payroll.

Coastal electric supply llc is Existing or more than 2 years old

COASTAL ELECTRIC SUPPLY LLC

Date Approved

03/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

COASTAL ELECTRIC SUPPLY LLC

Borrower Address

5809 Highway 311

Borrower City

Houma

Borrower State

LA

Borrower Zip

70360-6642

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

235375.00

Current Approval Amount

235375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Houma

Project County Name

TERREBONNE

Project State

LA

Project Zip

70360-6642

CD

LA-06

Jobs Reported

20

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

235370.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238088.35

Forgiveness Date

05/05/2022

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