# PPP loan: COASTAL INDUSTRIAL COMPANY, LLC
> **$1.05M** approved 04/10/2020 · Paid in Full · Loan `2563347103`
## Borrower
- **Name:** COASTAL INDUSTRIAL COMPANY, LLC
- **Address:** 5159 Shellman Bluff, TOWNSEND, GA, 31331
- **NAICS:** 423840
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.05M (99%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $789K
- **Rent:** $263K
- **Jobs reported:** 88
## Lender
- **Originating:** Heritage Bank, A Division of The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*