# PPP loan: COASTAL TRACTOR
> **$1.16M** approved 01/28/2021 · Paid in Full · Loan `7824988301`
## Borrower
- **Name:** COASTAL TRACTOR
- **Address:** 10 Harris Pl, Salinas, CA, 93901-4594
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.15M
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** 1st Capital Bank
- **Servicing:** 1st Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*