PPP Loan information for Marlboro electric cooperative, inc

$833,343

Marlboro electric cooperative, inc was initially approved for PPP Loan of amount $833,343, the current approved amount is $833,343. The loan was approved on 04/15/2020 by The FineMark National Bank & Trust reported 29 jobs and $833,343 was used to fund payroll.

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

PPP Loan Search / SC / BENNETTSVILLE / Marlboro electric cooperative, inc

MARLBORO ELECTRIC COOPERATIVE, INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MARLBORO ELECTRIC COOPERATIVE, INC

Borrower Address

676 Hwy 9 E

Borrower City

BENNETTSVILLE

Borrower State

SC

Borrower Zip

29512-7123

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

833342.75

Current Approval Amount

833342.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446159

Servicing Lender Name

FineMark National Bank & Trust

Servicing Lender Address

12681 Creekside Lane

Servicing Lender City

FORT MYERS

Servicing Lender State

FL

Servicing Lender Zip

33919

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENNETTSVILLE

Project County Name

MARLBORO

Project State

SC

Project Zip

29512-7123

CD

SC-07

Jobs Reported

29

NAICS Code

221122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

833342.75

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

446159

Originating Lender

FineMark National Bank & Trust

Originating Lender City

FORT MYERS

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

842863.41

Forgiveness Date

06/09/2021

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