PPP Loan information for Edisto electric cooperative, inc.

$1,580,455

Edisto electric cooperative, inc. was initially approved for PPP Loan of amount $1,580,455, the current approved amount is $1,580,455. The loan was approved on 04/27/2020 by The SouthState Bank, National Association reported 71 jobs and $1,580,455 was used to fund payroll.

Edisto electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / SC / BAMBERG / Edisto electric cooperative, inc.

EDISTO ELECTRIC COOPERATIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

EDISTO ELECTRIC COOPERATIVE, INC.

Borrower Address

896 Calhoun Street

Borrower City

BAMBERG

Borrower State

SC

Borrower Zip

29003

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1580455.00

Current Approval Amount

1580455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAMBERG

Project County Name

BAMBERG

Project State

SC

Project Zip

29003-0001

CD

SC-06

Jobs Reported

71

NAICS Code

221121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1580455.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1591649.89

Forgiveness Date

01/20/2021

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