# PPP loan: COASTAL CONSTRUCTION & LUMBER
> **$1.78M** approved 04/07/2020 · Paid in Full · Loan `7310987003`
## Borrower
- **Name:** COASTAL CONSTRUCTION & LUMBER
- **Address:** 99 PULLMAN WAY, SAN JOSE, CA, 95111-3161
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $1.78M
- **Forgiven:** $1.79M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Rent:** $89K
- **Mortgage interest:** $44K
- **Utilities:** $44K
- **Debt interest:** $89K
- **Jobs reported:** 132
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*