# PPP loan: PALMETTO MINING INC
> **$491K** approved 02/01/2021 · Paid in Full · Loan `1413248409`
## Borrower
- **Name:** PALMETTO MINING INC
- **Address:** 873 River Bluff Rd, North Augusta, SC, 29841-6056
- **NAICS:** 212324
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $491K
- **Jobs reported:** 44
## Lender
- **Originating:** Security Federal Bank
- **Servicing:** Security Federal Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*