# PPP loan: COASTAL TIMBERS INC
> **$219K** approved 02/05/2021 · Paid in Full · Loan `3714928404`
## Borrower
- **Name:** COASTAL TIMBERS INC
- **Address:** 1310 Jane St, New Iberia, LA, 70563-1540
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*