# PPP loan: PALMETTO GREEN
> **$317K** approved 08/04/2020 · Exemption 4 · Loan `3234408206`
## Borrower
- **Name:** PALMETTO GREEN
- **Address:** 1551 Ben Sawyer Blvd Unit 39, Mount Pleasant, SC, 29464-4575
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $15K (5%)
- **Forgiveness date:** 12/01/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Mortgage interest:** $48K
- **Utilities:** $32K
- **Jobs reported:** 22
## Lender
- **Originating:** Optus Bank
- **Servicing:** Optus Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*