Coastal Welding Supply Inc.

$2,000,000 PPP Loan in Beaumont, Texas

Loan Details

Loan Number
7254548306
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,014,278
Forgiveness Date
Oct 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Coastal Welding Supply Inc.
Address
2155 Interstate 10 E
State
Texas
ZIP Code
77701-1010
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424690)
Business Age
Existing or more than 2 years old
Jobs Reported
184
Estimated Revenue
$47.4M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Third Coast Bank
Originating Lender
Third Coast Bank

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