Lynches River Electric Cooperative, INC

$824,000 PPP Loan in Pageland, South Carolina

Loan Details

Loan Number
7832017002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$824,000
Current Approval
$824,000
Forgiveness Amount
$833,842
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lynches River Electric Cooperative, INC
Address
707 S Arant Street
ZIP Code
29728-8224
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$824,000

Lender Information

Servicing Lender
First Palmetto Bank
Originating Lender
First Palmetto Bank

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