Gulf Coast Organic, Inc.

$200,000 PPP Loan in Foley, Alabama

Loan Details

Loan Number
4795387102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$200,000
Current Approval
$200,000
Forgiveness Amount
$201,767
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gulf Coast Organic, Inc.
Address
10505 a County Road 65
City
Foley
State
Alabama
ZIP Code
36535-4563
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115112)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$179,400
Rent
$13,000
Utilities
$600
Health Care
$7,000

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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