Palmetto Electric Cooperative, Inc.
$3,385,000 PPP Loan in Ridgeland, South Carolina
Loan Details
- Loan Number
- 9312897101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,385,000
- Current Approval
- $3,385,000
- Forgiveness Amount
- $3,423,928
- Forgiveness Date
- Jun 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palmetto Electric Cooperative, Inc.
- Address
- 4063 Grays Hwy
- City
- Ridgeland
- State
- South Carolina
- ZIP Code
- 29936
- Business Type
- Professional Association
- Industry (NAICS)
- Utilities (221118)
- Business Age
- Unanswered
- Jobs Reported
- 144
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- SC-06
Loan Use Breakdown
- Payroll
- $3,385,000
Lender Information
- Servicing Lender
- Southstate Bank, National Association
- Originating Lender
- Southstate Bank, National Association
Other PPP Loans in Ridgeland, SC
| Business | Approved | |
|---|---|---|
| Cleland Site Prep, INC | $2,136,533 | |
| Horizon LLC | $870,000 | |
| Ridgeland Nursing Center, Inc. | $552,643 | |
| Espy Lumber Company, Inc. | $524,896 | |
| Nimmer Turf and Tree Farm, INC | $459,608 |
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