# PPP loan: COASTAL BEVERAGE LTD
> **$1.56M** approved 04/09/2020 · Paid in Full · Loan `9599117010`
## Borrower
- **Name:** COASTAL BEVERAGE LTD
- **Address:** 4747 PROGRESS AVE, NAPLES, FL, 34104-7032
- **NAICS:** 424810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.46M (93%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.56M
- **Jobs reported:** 145
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*