PPP Loan information for Little river electric cooperative, inc.

$675,820

Little river electric cooperative, inc. was initially approved for PPP Loan of amount $675,820, the current approved amount is $675,820. The loan was approved on 04/13/2020 by The Abbeville First Bank, SSB reported 31 jobs and $675,820 was used to fund payroll.

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

LITTLE RIVER ELECTRIC COOPERATIVE, INC.

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LITTLE RIVER ELECTRIC COOPERATIVE, INC.

Borrower Address

300 CAMBRIDGE ST

Borrower City

ABBEVILLE

Borrower State

SC

Borrower Zip

29620-1816

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675820.00

Current Approval Amount

675820.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABBEVILLE

Project County Name

ABBEVILLE

Project State

SC

Project Zip

29620-1816

CD

SC-03

Jobs Reported

31

NAICS Code

926130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

675820.00

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

87654

Originating Lender

Abbeville First Bank, SSB

Originating Lender City

ABBEVILLE

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

680708.12

Forgiveness Date

01/06/2021

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