PPP Loan information for Palmetto surety corporation

$682,500

Palmetto surety corporation was initially approved for PPP Loan of amount $682,500, the current approved amount is $682,500. The loan was approved on 04/14/2020 by The Truist Bank reported 38 jobs and $682,500 was used to fund payroll.

Palmetto surety corporation is Existing or more than 2 years old

PPP Loan Search / SC / MOUNT PLEASANT / Palmetto surety corporation

PALMETTO SURETY CORPORATION

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO SURETY CORPORATION

Borrower Address

75 Port City Landing

Borrower City

MOUNT PLEASANT

Borrower State

SC

Borrower Zip

29464-4984

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

682500.00

Current Approval Amount

682500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

CHARLESTON

Project State

SC

Project Zip

29464-4984

CD

SC-01

Jobs Reported

38

NAICS Code

525190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

682500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687675.62

Forgiveness Date

01/20/2021

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