# PPP loan: COASTLINE ELECTRIC, INC
> **$272K** approved 04/06/2020 · Paid in Full · Loan `6183567008`
## Borrower
- **Name:** COASTLINE ELECTRIC, INC
- **Address:** 5606 ROSEHALL DR, MURRELLS INLET, SC, 29576-7308
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Health care:** $54K
- **Jobs reported:** 42
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*