# PPP loan: COASTAL WIRE COMPANY, INC.
> **$617K** approved 04/07/2020 · Paid in Full · Loan `6898337002`
## Borrower
- **Name:** COASTAL WIRE COMPANY, INC.
- **Address:** 427 Gapway Rd, GEORGETOWN, SC, 29440-9529
- **NAICS:** 331420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $617K
- **Jobs reported:** 10
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*