Santee Electric Cooperative, Inc.

$2,887,500 PPP Loan in Kingstree, South Carolina

Loan Details

Loan Number
4913587203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,887,500
Current Approval
$2,887,500
Forgiveness Amount
$2,919,618
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Santee Electric Cooperative, Inc.
Address
424 Sumter Highway Po Box 548
ZIP Code
29556
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
New Business or 2 years or less
Jobs Reported
123
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
SC-06

Loan Use Breakdown

Payroll
$2,887,500

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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