PPP Loan information for Coastal resources inc.

$490,188

Coastal resources inc. was initially approved for PPP Loan of amount $490,188, the current approved amount is $490,188. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 32 jobs and $490,188 was used to fund payroll.

Coastal resources inc. is Existing or more than 2 years old

PPP Loan Search / MD / ANNAPOLIS / Coastal resources inc.

COASTAL RESOURCES INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

COASTAL RESOURCES INC.

Borrower Address

25 Old Solomons Island Road

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21401

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490188.00

Current Approval Amount

490188.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-0001

CD

MD-03

Jobs Reported

32

NAICS Code

541620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

490188.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494351.24

Forgiveness Date

02/25/2021

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