# PPP loan: COASTAL CANVAS OF PENSACOLA INC
> **$242K** approved 03/17/2021 · Charged Off · Loan `3698698602`
## Borrower
- **Name:** COASTAL CANVAS OF PENSACOLA INC
- **Address:** 3210 Barrancas Ave, Pensacola, FL, 32507-3509
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*