PPP Loan information for Palmetto synthetics

$1,795,700

Palmetto synthetics was initially approved for PPP Loan of amount $1,860,700, the current approved amount is $1,795,700. The loan was approved on 04/07/2020 by The United Community Bank reported 198 jobs and $1,795,700 was used to fund payroll.

Palmetto synthetics is Existing or more than 2 years old

PPP Loan Search / SC / KINGSTREE / Palmetto synthetics

PALMETTO SYNTHETICS

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO SYNTHETICS

Borrower Address

633 Commerce Street

Borrower City

KINGSTREE

Borrower State

SC

Borrower Zip

29556

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1860700.00

Current Approval Amount

1795700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSTREE

Project County Name

WILLIAMSBURG

Project State

SC

Project Zip

29556-0001

CD

SC-06

Jobs Reported

198

NAICS Code

325220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1795700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1806375.81

Forgiveness Date

11/25/2020

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