PPP Loan information for Palmetto mining inc

$490,657

Palmetto mining inc was initially approved for PPP Loan of amount $490,657, the current approved amount is $490,657. The loan was approved on 02/01/2021 by The Security Federal Bank reported 44 jobs and $490,657 was used to fund payroll.

Palmetto mining inc is Existing or more than 2 years old

PPP Loan Search / SC / North Augusta / Palmetto mining inc

PALMETTO MINING INC

Date Approved

02/01/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PALMETTO MINING INC

Borrower Address

873 River Bluff Rd

Borrower City

North Augusta

Borrower State

SC

Borrower Zip

29841-6056

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

490657.00

Current Approval Amount

490657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Augusta

Project County Name

AIKEN

Project State

SC

Project Zip

29841-6056

CD

SC-02

Jobs Reported

44

NAICS Code

212324

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

490657.00

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

Subchapter S Corporation

Originating Lender Location Id

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495195.58

Forgiveness Date

01/31/2022

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