# PPP loan: COASTAL DELI INC
> **$2.75M** approved 04/04/2020 · Paid in Full · Loan `5029217005`
## Borrower
- **Name:** COASTAL DELI INC
- **Address:** 6000 S Staples St Ste 300, CORPUS CHRISTI, TX, 78413-2902
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.75M
- **Initial approval:** $2.75M
- **Forgiven:** $2.78M (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.75M
- **Jobs reported:** 500
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*