# PPP loan: PALMETTO SYNTHETICS
> **$1.80M** approved 04/07/2020 · Paid in Full · Loan `6966647004`
## Borrower
- **Name:** PALMETTO SYNTHETICS
- **Address:** 633 Commerce Street, KINGSTREE, SC, 29556
- **NAICS:** 325220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.86M
- **Forgiven:** $1.81M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.80M
- **Jobs reported:** 198
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*