Coastal Industrial Company, LLC

$1,051,900 PPP Loan in Townsend, Georgia

Loan Details

Loan Number
2563347103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,051,900
Current Approval
$1,051,900
Forgiveness Amount
$1,045,403
Forgiveness Date
Oct 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coastal Industrial Company, LLC
Address
5159 Shellman Bluff
State
Georgia
ZIP Code
31331
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$27.0M
Rural/Urban
Rural
Congressional District
GA-01

Loan Use Breakdown

Payroll
$788,925
Rent
$262,975

Lender Information

Servicing Lender
The First Bank
Originating Lender
Heritage Bank, a Division of the First Bank

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