PPP Loan information for Carolina transit of the low country

$25,000

Carolina transit of the low country was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/13/2020 by The Palmetto State Bank reported 10 jobs and $25,000 was used to fund payroll.

Carolina transit of the low country is Existing or more than 2 years old

CAROLINA TRANSIT OF THE LOW COUNTRY

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CAROLINA TRANSIT OF THE LOW COUNTRY

Borrower Address

262 Spanish Wells Rd

Borrower City

HILTON HEAD ISLAND

Borrower State

SC

Borrower Zip

29925

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILTON HEAD ISLAND

Project County Name

BEAUFORT

Project State

SC

Project Zip

29925-1001

CD

SC-01

Jobs Reported

10

NAICS Code

485510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18750.00

Mortgage Interest Proceed

0.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25360.27

Forgiveness Date

10/04/2021

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