PPP Loan information for Carolinaconnect cooperative

$250,050

Carolinaconnect cooperative was initially approved for PPP Loan of amount $250,047, the current approved amount is $250,050. The loan was approved on 04/27/2020 by The First Community Bank reported 18 jobs and $250,050 was used to fund payroll.

Carolinaconnect cooperative is Existing or more than 2 years old

CAROLINACONNECT COOPERATIVE

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CAROLINACONNECT COOPERATIVE

Borrower Address

254 LONGS POND ROAD

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250047.00

Current Approval Amount

250050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119475

Servicing Lender Name

First Community Bank

Servicing Lender Address

5455 Sunset Blvd

Servicing Lender City

LEXINGTON

Servicing Lender State

SC

Servicing Lender Zip

29072-9161

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-0001

CD

SC-02

Jobs Reported

18

NAICS Code

517312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250050.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119475

Originating Lender

First Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251314.14

Forgiveness Date

11/03/2020

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