# PPP loan: COASTAL SUPPLY CO, INC.
> **$647K** approved 06/03/2020 · Paid in Full · Loan `7233947803`
## Borrower
- **Name:** COASTAL SUPPLY CO, INC.
- **Address:** 1031 Lee Street, KNOXVILLE, TN, 37917-6423
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $650K (100%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Jobs reported:** 73
## Lender
- **Originating:** Home Federal Bank of Tennessee
- **Servicing:** Home Federal Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*