PPP Loan information for Selectric, llc

$180,000

Selectric, llc was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/27/2020 by The Palmetto State Bank reported 23 jobs and $180,000 was used to fund payroll.

Selectric, llc is Existing or more than 2 years old

PPP Loan Search / SC / BEAUFORT / Selectric, llc

SELECTRIC, LLC

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SELECTRIC, LLC

Borrower Address

1211 BOUNDARY ST, STE B

Borrower City

BEAUFORT

Borrower State

SC

Borrower Zip

29902-4153

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAUFORT

Project County Name

BEAUFORT

Project State

SC

Project Zip

29902-4153

CD

SC-01

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135000.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181010.96

Forgiveness Date

11/27/2020

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