PPP Loan information for Coastal timbers inc

$218,957

Coastal timbers inc was initially approved for PPP Loan of amount $218,957, the current approved amount is $218,957. The loan was approved on 02/05/2021 by The Regions Bank reported 16 jobs and $218,957 was used to fund payroll.

Coastal timbers inc is Existing or more than 2 years old

PPP Loan Search / LA / New Iberia / Coastal timbers inc

COASTAL TIMBERS INC

Date Approved

02/05/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

COASTAL TIMBERS INC

Borrower Address

1310 Jane St

Borrower City

New Iberia

Borrower State

LA

Borrower Zip

70563-1540

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218957.00

Current Approval Amount

218957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Iberia

Project County Name

IBERIA

Project State

LA

Project Zip

70563-1540

CD

LA-03

Jobs Reported

16

NAICS Code

423310

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

218955.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220684.66

Forgiveness Date

11/26/2021

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