Coastal Electric, Inc.
$271,500 PPP Loan in Newport, Rhode Island
Loan Details
- Loan Number
- 5128597009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $271,500
- Current Approval
- $52,000
- Forgiveness Amount
- $52,501
- Forgiveness Date
- Apr 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Coastal Electric, Inc.
- Address
- 64 Halsey St, Unit 1
- City
- Newport
- State
- Rhode Island
- ZIP Code
- 02840-1332
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- RI-01
Loan Use Breakdown
- Payroll
- $52,000
Lender Information
- Servicing Lender
- Banknewport
- Originating Lender
- Banknewport
Other PPP Loans in Newport, RI
| Business | Approved | |
|---|---|---|
| East Bay Community Action Program | $3,983,937 |  AI Deep Dive |
| Preservation Society of Newport County | $2,733,100 | AI Deep Dive |
| Ginri Assets, LLC | $2,490,300 | AI Deep Dive |
| Ginri Assets LLC | $2,000,000 | AI Deep Dive |
| The Preservation Society of Newport County | $2,000,000 | AI Deep Dive |
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