# PPP loan: COASTAL TOWING & RECOVERY, INC.
> **$187K** approved 04/27/2020 · Paid in Full · Loan `6162347209`
## Borrower
- **Name:** COASTAL TOWING & RECOVERY, INC.
- **Address:** 2220 Charles City Rd, Henrico, VA, 23231
- **NAICS:** 488410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $190K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Jobs reported:** 23
## Lender
- **Originating:** Primis Bank
- **Servicing:** Primis Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*