Black River Electric Cooperative, Inc.

$1,413,500 PPP Loan in Sumter, South Carolina

Loan Details

Loan Number
8767617002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,413,500
Current Approval
$1,413,500
Forgiveness Amount
$1,424,653
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Black River Electric Cooperative, Inc.
Address
1121 N Pike Rd. W. Po Box 130
City
Sumter
ZIP Code
29151
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
New Business or 2 years or less
Jobs Reported
70
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
SC-06

Loan Use Breakdown

Payroll
$1,413,500

Lender Information

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

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