PPP Loan information for Coastal electric cooperative, inc.

$1,055,000

Coastal electric cooperative, inc. was initially approved for PPP Loan of amount $1,055,000, the current approved amount is $1,055,000. The loan was approved on 04/06/2020 by The Enterprise Bank of South Carolina reported 40 jobs and $1,055,000 was used to fund payroll.

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

PPP Loan Search / SC / WALTERBORO / Coastal electric cooperative, inc.

COASTAL ELECTRIC COOPERATIVE, INC.

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

COASTAL ELECTRIC COOPERATIVE, INC.

Borrower Address

2269 Jeffries Hwy

Borrower City

WALTERBORO

Borrower State

SC

Borrower Zip

29488-7230

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1055000.00

Current Approval Amount

1055000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65983

Servicing Lender Name

Enterprise Bank of South Carolina

Servicing Lender Address

13497 Broxton Bridge Rd

Servicing Lender City

EHRHARDT

Servicing Lender State

SC

Servicing Lender Zip

29081-9602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTERBORO

Project County Name

COLLETON

Project State

SC

Project Zip

29488-7230

CD

SC-06

Jobs Reported

40

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1055000.00

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

Corporation

Originating Lender Location Id

65983

Originating Lender

Enterprise Bank of South Carolina

Originating Lender City

EHRHARDT

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1066214.79

Forgiveness Date

05/21/2021

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