PPP Loan information for Laurens electric cooperative, inc.

$3,264,300

Laurens electric cooperative, inc. was initially approved for PPP Loan of amount $3,264,300, the current approved amount is $3,264,300. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 142 jobs and $3,264,300 was used to fund payroll.

Laurens electric cooperative, inc. is New Business or 2 years or less

PPP Loan Search / SC / LAURENS / Laurens electric cooperative, inc.

LAURENS ELECTRIC COOPERATIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LAURENS ELECTRIC COOPERATIVE, INC.

Borrower Address

2254 HIGHWAY 14

Borrower City

LAURENS

Borrower State

SC

Borrower Zip

29360

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3264300.00

Current Approval Amount

3264300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAURENS

Project County Name

LAURENS

Project State

SC

Project Zip

29360-0001

CD

SC-03

Jobs Reported

142

NAICS Code

221119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3264300.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3309642.47

Forgiveness Date

09/24/2021

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