# PPP loan: COASTAL AUTOMATION SERVICES INC.
> **$1.98M** approved 01/20/2021 · Paid in Full · Loan `2311268310`
## Borrower
- **Name:** COASTAL AUTOMATION SERVICES INC.
- **Address:** 2295 Delaware St, Beaumont, TX, 77703-4222
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $1.99M (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.98M
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*