# PPP loan: COASTAL INDUSTRIAL CONTRACTORS, INC
> **$1.15M** approved 04/06/2020 · Paid in Full · Loan `6070787008`
## Borrower
- **Name:** COASTAL INDUSTRIAL CONTRACTORS, INC
- **Address:** 17527 HIGHWAY 67, BILOXI, MS, 39532-9431
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $924K
- **Utilities:** $158K
- **Health care:** $67K
- **Jobs reported:** 88
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*