# PPP loan: COASTAL CARRIERS INC
> **$351K** approved 04/10/2020 · Paid in Full · Loan `1763887101`
## Borrower
- **Name:** COASTAL CARRIERS INC
- **Address:** 1105 MERCHANT LN, CAROLINA BEACH, NC, 28428-4716
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $338K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 15
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*