# PPP loan: NEWBERRY ELECTRIC COOPERATIVE, INC.
> **$821K** approved 04/27/2020 · Paid in Full · Loan `4479307207`
## Borrower
- **Name:** NEWBERRY ELECTRIC COOPERATIVE, INC.
- **Address:** 882 WILSON RD, NEWBERRY, SC, 29108
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $821K
- **Initial approval:** $821K
- **Forgiven:** $835K (102%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $821K
- **Jobs reported:** 45
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*