PPP Loan information for Santee electric cooperative, inc.

$2,887,500

Santee electric cooperative, inc. was initially approved for PPP Loan of amount $2,887,500, the current approved amount is $2,887,500. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 123 jobs and $2,887,500 was used to fund payroll.

Santee electric cooperative, inc. is New Business or 2 years or less

PPP Loan Search / SC / KINGSTREE / Santee electric cooperative, inc.

SANTEE ELECTRIC COOPERATIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SANTEE ELECTRIC COOPERATIVE, INC.

Borrower Address

424 SUMTER HIGHWAY PO BOX 548

Borrower City

KINGSTREE

Borrower State

SC

Borrower Zip

29556

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2887500.00

Current Approval Amount

2887500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KINGSTREE

Project County Name

WILLIAMSBURG

Project State

SC

Project Zip

29556-0001

CD

SC-06

Jobs Reported

123

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2887500.00

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

Non-Profit Organization

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2919618.49

Forgiveness Date

06/15/2021

;