PPP Loan information for Fairfield electric cooperative, inc

$1,552,900

Fairfield electric cooperative, inc was initially approved for PPP Loan of amount $1,552,900, the current approved amount is $1,552,900. The loan was approved on 04/27/2020 by The Abbeville First Bank, SSB reported 71 jobs and $1,552,900 was used to fund payroll.

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

PPP Loan Search / SC / BLYTHEWOOD / Fairfield electric cooperative, inc

FAIRFIELD ELECTRIC COOPERATIVE, INC

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

FAIRFIELD ELECTRIC COOPERATIVE, INC

Borrower Address

701 BLYTHEWOOD RD

Borrower City

BLYTHEWOOD

Borrower State

SC

Borrower Zip

29016-9514

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1552900.00

Current Approval Amount

1552900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87654

Servicing Lender Name

Abbeville First Bank, SSB

Servicing Lender Address

205 S Main St

Servicing Lender City

ABBEVILLE

Servicing Lender State

SC

Servicing Lender Zip

29620-2404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLYTHEWOOD

Project County Name

RICHLAND

Project State

SC

Project Zip

29016-9514

CD

SC-02

Jobs Reported

71

NAICS Code

221121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1552900.00

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

Cooperative

Originating Lender Location Id

87654

Originating Lender

Abbeville First Bank, SSB

Originating Lender City

ABBEVILLE

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1561919.58

Forgiveness Date

12/03/2020

;