PPP Loan information for Newberry electric cooperative, inc.

$821,255

Newberry electric cooperative, inc. was initially approved for PPP Loan of amount $821,255, the current approved amount is $821,255. The loan was approved on 04/27/2020 by The First Community Bank reported 45 jobs and $821,255 was used to fund payroll.

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

PPP Loan Search / SC / NEWBERRY / Newberry electric cooperative, inc.

NEWBERRY ELECTRIC COOPERATIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEWBERRY ELECTRIC COOPERATIVE, INC.

Borrower Address

882 WILSON RD

Borrower City

NEWBERRY

Borrower State

SC

Borrower Zip

29108

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

821255.00

Current Approval Amount

821255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119475

Servicing Lender Name

First Community Bank

Servicing Lender Address

5455 Sunset Blvd

Servicing Lender City

LEXINGTON

Servicing Lender State

SC

Servicing Lender Zip

29072-9161

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBERRY

Project County Name

NEWBERRY

Project State

SC

Project Zip

29108-0001

CD

SC-03

Jobs Reported

45

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

821255.00

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

119475

Originating Lender

First Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

834623.21

Forgiveness Date

12/07/2021

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