# PPP loan: COASTAL PARASAIL, INC.
> **$607K** approved 04/12/2020 · Paid in Full · Loan `3999017104`
## Borrower
- **Name:** COASTAL PARASAIL, INC.
- **Address:** 5711 LAGOON DR, PANAMA CITY, FL, 32408
- **NAICS:** 713990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $427K
- **Forgiven:** $618K (102%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $607K
- **Jobs reported:** 66
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*