PPP Loan information for Broad river electric cooperative, inc.

$1,000,000

Broad river electric cooperative, inc. was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 05/19/2020 by The First National Bank of Pennsylvania reported 50 jobs and $1,000,000 was used to fund payroll.

Broad river electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / SC / GAFFNEY / Broad river electric cooperative, inc.

BROAD RIVER ELECTRIC COOPERATIVE, INC.

Date Approved

05/19/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BROAD RIVER ELECTRIC COOPERATIVE, INC.

Borrower Address

811 HAMRICK ST

Borrower City

GAFFNEY

Borrower State

SC

Borrower Zip

29340-5034

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAFFNEY

Project County Name

CHEROKEE

Project State

SC

Project Zip

29340-5034

CD

SC-05

Jobs Reported

50

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

992113.82

Forgiveness Date

06/17/2021

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