# PPP loan: COASTAL FOOD SYSTEMS INC.
> **$173K** approved 02/03/2021 · Paid in Full · Loan `2630448400`
## Borrower
- **Name:** COASTAL FOOD SYSTEMS INC.
- **Address:** 261 73rd St, South Haven, MI, 49090-7907
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*