# PPP loan: COASTAL VALLEY WATER COMPANY
> **$240K** approved 04/15/2020 · Paid in Full · Loan `8575637101`
## Borrower
- **Name:** COASTAL VALLEY WATER COMPANY
- **Address:** 709 SILHAVY RD, VALPARAISO, IN, 46383-4463
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 20
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*