PPP Loan information for Palmetto sound works, llc

$176,900

Palmetto sound works, llc was initially approved for PPP Loan of amount $176,900, the current approved amount is $176,900. The loan was approved on 04/15/2020 by The The Park National Bank reported 15 jobs and $176,900 was used to fund payroll.

Palmetto sound works, llc is Existing or more than 2 years old

PALMETTO SOUND WORKS, LLC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO SOUND WORKS, LLC

Borrower Address

215 Northeast Drive

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29303

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176900.00

Current Approval Amount

176900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-1300

CD

SC-04

Jobs Reported

15

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10225.00

Payroll Proceed

126367.00

Mortgage Interest Proceed

12000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6308.00

Debt Interest Proceed

22000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178368.51

Forgiveness Date

02/25/2021

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