Coastal Drilling Land Company, LLC

$1,924,857 PPP Loan in Corpus Christi, Texas

Loan Details

Loan Number
7815077105
Date Approved
Apr 14, 2020
Loan Status
Charged Off
Initial Approval
$1,924,857
Current Approval
$1,924,857
Forgiveness Amount
$820,048
Forgiveness Date
Mar 17, 2023
Term
23 months
Draw
First Draw

Business Information

Business Name
Coastal Drilling Land Company, LLC
Address
311 Saratoga Blvd
State
Texas
ZIP Code
78417-3506
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$1,709,000
Rent
$37,000
Utilities
$9,857
Debt Interest
$169,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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