Laurens Electric Cooperative, Inc.

$3,264,300 PPP Loan in Laurens, South Carolina

Loan Details

Loan Number
4918007203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$3,264,300
Current Approval
$3,264,300
Forgiveness Amount
$3,309,642
Forgiveness Date
Sep 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laurens Electric Cooperative, Inc.
Address
2254 Highway 14
ZIP Code
29360
Business Type
Corporation
Industry (NAICS)
Utilities (221119)
Business Age
New Business or 2 years or less
Jobs Reported
142
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
SC-03

Loan Use Breakdown

Payroll
$3,264,300

Lender Information

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

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