# PPP loan: COASTLINE ELCTRIC INC
> **$344K** approved 02/02/2021 · Paid in Full · Loan `1779638402`
## Borrower
- **Name:** COASTLINE ELCTRIC INC
- **Address:** 4057 Holmestown Rd, Myrtle Beach, SC, 29588-7844
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $344K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*