PPP Loan information for Palmetto precision machining

$87,500

Palmetto precision machining was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 01/30/2021 by The The Peoples Bank reported 11 jobs and $87,500 was used to fund payroll.

Palmetto precision machining is Existing or more than 2 years old

PPP Loan Search / SC / Anderson / Palmetto precision machining

PALMETTO PRECISION MACHINING

Date Approved

01/30/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PALMETTO PRECISION MACHINING

Borrower Address

517 Camson Rd

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29625-1407

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66159

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

801 E Front St

Servicing Lender City

IVA

Servicing Lender State

SC

Servicing Lender Zip

29655-9090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29625-1407

CD

SC-03

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87498.00

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

66159

Originating Lender

The Peoples Bank

Originating Lender City

IVA

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87966.67

Forgiveness Date

08/20/2021

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