PPP Loan information for Palmetto scholors academy

$525,982

Palmetto scholors academy was initially approved for PPP Loan of amount $525,982, the current approved amount is $525,982. The loan was approved on 05/12/2020 by The First National Bank of South Carolina reported 47 jobs and $525,982 was used to fund payroll.

Palmetto scholors academy is Existing or more than 2 years old

PALMETTO SCHOLORS ACADEMY

Date Approved

05/12/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO SCHOLORS ACADEMY

Borrower Address

7499 DORCHESTER RD

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29418-3310

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525982.00

Current Approval Amount

525982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66145

Servicing Lender Name

First National Bank of South Carolina

Servicing Lender Address

801 Gilway St

Servicing Lender City

HOLLY HILL

Servicing Lender State

SC

Servicing Lender Zip

29059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29418-3310

CD

SC-06

Jobs Reported

47

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525982.00

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

66145

Originating Lender

First National Bank of South Carolina

Originating Lender City

HOLLY HILL

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

529693.10

Forgiveness Date

01/28/2021

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