# PPP loan: COASTAL ELECTRIC SUPPLY L.L.C.
> **$262K** approved 04/30/2020 · Paid in Full · Loan `4908537303`
## Borrower
- **Name:** COASTAL ELECTRIC SUPPLY L.L.C.
- **Address:** 5809 Highway 311, Houma, LA, 70360
- **NAICS:** 423690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $240K (92%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 22
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*