PPP Loan information for Mid-carolina electric cooperative, inc.

$3,351,830

Mid-carolina electric cooperative, inc. was initially approved for PPP Loan of amount $3,351,830, the current approved amount is $3,351,830. The loan was approved on 04/30/2020 by The SouthState Bank, National Association reported 144 jobs and $3,351,830 was used to fund payroll.

Mid-carolina electric cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / SC / LEXINGTON / Mid-carolina electric cooperative, inc.

MID-CAROLINA ELECTRIC COOPERATIVE, INC.

Date Approved

04/30/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MID-CAROLINA ELECTRIC COOPERATIVE, INC.

Borrower Address

254 Longs Point Rd

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29071

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3351830.00

Current Approval Amount

3351830.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29071-0001

CD

SC-02

Jobs Reported

144

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3351830.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3409555.96

Forgiveness Date

01/21/2022

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