PPP Loan information for Palmetto mining inc.

$540,600

Palmetto mining inc. was initially approved for PPP Loan of amount $540,600, the current approved amount is $540,600. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 42 jobs and $540,600 was used to fund payroll.

Palmetto mining inc. is New Business or 2 years or less

PALMETTO MINING INC.

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

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

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540600.00

Current Approval Amount

540600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH AUGUSTA

Project County Name

AIKEN

Project State

SC

Project Zip

29841-6056

CD

SC-02

Jobs Reported

42

NAICS Code

212324

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

545295.07

Forgiveness Date

03/18/2021

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