Edisto Electric Cooperative, Inc.

$1,580,455 PPP Loan in Bamberg, South Carolina

Loan Details

Loan Number
5761087200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,580,455
Current Approval
$1,580,455
Forgiveness Amount
$1,591,650
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Edisto Electric Cooperative, Inc.
Address
896 Calhoun Street
ZIP Code
29003
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221121)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
SC-06

Loan Use Breakdown

Payroll
$1,580,455

Lender Information

Servicing Lender
Southstate Bank, National Association
Originating Lender
Southstate Bank, National Association

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