# PPP loan: COASTAL DRILLING LAND COMPANY LLC
> **$1.92M** approved 01/22/2021 · Charged Off · Loan `4060838308`
## Borrower
- **Name:** COASTAL DRILLING LAND COMPANY LLC
- **Address:** 311 Saratoga Blvd, Corpus Christi, TX, 78417-3506
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.02M (53%)
- **Forgiveness date:** 05/16/2022
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $1.92M
- **Utilities:** $1
- **Jobs reported:** 80
## Lender
- **Originating:** Kleberg Bank, National Association
- **Servicing:** Kleberg Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*