As part of the Paycheck Protection Program PALMETTO ELECTRIC COOPERATIVE, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PALMETTO ELECTRIC COOPERATIVE, INC


Loan Amount	$3,385,000
BusinessName	PALMETTO ELECTRIC COOPERATIVE, INC
Address	4063 Grays Hwy
City	RIDGELAND
State	SC
Zip	29936
NAICSCode	221118
BusinessType	Professional Association
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	144
DateApproved	04/15/2020
Lender	South State Bank, National Association
CD	SC-06
BusinessName.clean	PALMETTO ELECTRIC COOPERATIVE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PALMETTO EXTERMINATORS
PALMETTO FACILITY
PALMETTO FORD
PALMETTO GARAGE WORKS
PALMETTO HEALTH COUNCIL