# PPP loan: COASTAL TOWING, LLC
> **$196K** approved 01/19/2021 · Paid in Full · Loan `1614898303`
## Borrower
- **Name:** COASTAL TOWING, LLC
- **Address:** 17862 W Main St, Galliano, LA, 70354-3510
- **NAICS:** 532411
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 15
## Lender
- **Originating:** State Bank and Trust Company
- **Servicing:** State Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*