# PPP loan: COASTAL BRIDGE COMPANY, LLC
> **$2.60M** approved 04/27/2020 · Charged Off · Loan `3905177204`
## Borrower
- **Name:** COASTAL BRIDGE COMPANY, LLC
- **Address:** 4825 Jamestown Ave, BATON ROUGE, LA, 70808-3225
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.60M
- **Initial approval:** $2.60M
- **Forgiven:** $1.51M (58%)
- **Forgiveness date:** 04/19/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $2.60M
- **Jobs reported:** 75
## Lender
- **Originating:** First Guaranty Bank
- **Servicing:** First Guaranty Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*