PPP Loan information for Palmetto tool inc.

$97,500

Palmetto tool inc. was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 02/04/2021 by The First-Citizens Bank & Trust Company reported 16 jobs and $97,500 was used to fund payroll.

Palmetto tool inc. is Existing or more than 2 years old

PPP Loan Search / SC / Barnwell / Palmetto tool inc.

PALMETTO TOOL INC.

Date Approved

02/04/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PALMETTO TOOL INC.

Borrower Address

115 Nappier Rd

Borrower City

Barnwell

Borrower State

SC

Borrower Zip

29812-7318

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Barnwell

Project County Name

BARNWELL

Project State

SC

Project Zip

29812-7318

CD

SC-02

Jobs Reported

16

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97499.00

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

98090.34

Forgiveness Date

09/20/2021

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