PPP Loan information for Palmetto electric cooperative, inc.

$3,385,000

Palmetto electric cooperative, inc. was initially approved for PPP Loan of amount $3,385,000, the current approved amount is $3,385,000. The loan was approved on 04/15/2020 by The SouthState Bank, National Association reported 144 jobs and $3,385,000 was used to fund payroll.

Palmetto electric cooperative, inc. is Unanswered

PPP Loan Search / SC / RIDGELAND / Palmetto electric cooperative, inc.

PALMETTO ELECTRIC COOPERATIVE, INC.

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO ELECTRIC COOPERATIVE, INC.

Borrower Address

4063 Grays Hwy

Borrower City

RIDGELAND

Borrower State

SC

Borrower Zip

29936

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3385000.00

Current Approval Amount

3385000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

RIDGELAND

Project County Name

JASPER

Project State

SC

Project Zip

29936-0820

CD

SC-06

Jobs Reported

144

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3385000.00

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

Professional Association

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3423927.50

Forgiveness Date

06/16/2021

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