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
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

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