# PPP loan: COASTAL STEEL INCORPORATED
> **$1.12M** approved 04/05/2021 · Paid in Full · Loan `7181478710`
## Borrower
- **Name:** COASTAL STEEL INCORPORATED
- **Address:** 5108 180th St E, Tacoma, WA, 98446-3727
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Commencement Bank
- **Servicing:** Commencement Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*