# PPP loan: COASTAL SALES ASSOCIATES INC
> **$327K** approved 04/09/2020 · Exemption 4 · Loan `8967127002`
## Borrower
- **Name:** COASTAL SALES ASSOCIATES INC
- **Address:** 260 BALLARD RD, MIDDLETOWN, NY, 10941-3035
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $315K (96%)
- **Forgiveness date:** 06/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $327K
- **Jobs reported:** 26
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*