# PPP loan: COASTLINE EQUIPMENT, INC
> **$868K** approved 04/07/2020 · Paid in Full · Loan `7495037006`
## Borrower
- **Name:** COASTLINE EQUIPMENT, INC
- **Address:** 2235 East Bakerview, BELLINGHAM, WA, 98226
- **NAICS:** 333241
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $868K
- **Initial approval:** $872K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $815K
- **Rent:** $40K
- **Utilities:** $13K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*