PPP Loan information for Electric cooperatives of sc inc

$613,400

Electric cooperatives of sc inc was initially approved for PPP Loan of amount $613,400, the current approved amount is $613,400. The loan was approved on 04/12/2020 by The Truist Bank reported 36 jobs and $613,400 was used to fund payroll.

Electric cooperatives of sc inc is Existing or more than 2 years old

ELECTRIC COOPERATIVES OF SC INC

Date Approved

04/12/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ELECTRIC COOPERATIVES OF SC INC

Borrower Address

808 KNOX ABBOTT DR

Borrower City

CAYCE

Borrower State

SC

Borrower Zip

29033-3311

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

613400.00

Current Approval Amount

613400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAYCE

Project County Name

LEXINGTON

Project State

SC

Project Zip

29033-3311

CD

SC-02

Jobs Reported

36

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

613400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618818.37

Forgiveness Date

03/05/2021

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