# PPP loan: COASTAL RESORTS INTERNATIONAL INC
> **$970K** approved 04/04/2020 · Paid in Full · Loan `4961557003`
## Borrower
- **Name:** COASTAL RESORTS INTERNATIONAL INC
- **Address:** 36 Water St., BLOCK ISLAND, RI, 02807-7713
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $970K
- **Initial approval:** $312K
- **Forgiven:** $977K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $970K
- **Jobs reported:** 70
## Lender
- **Originating:** The Washington Trust Company of Westerly
- **Servicing:** The Washington Trust Company of Westerly (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*