Kingstree, SC — PPP Loan Data

Kingstree, South Carolina received 646 Paycheck Protection Program loans totaling $32.4M. The average loan in the city was $50,213 — above the national program average of approximately $67,000.

89.8% of loans in Kingstree — totaling $31.0M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Kingstree were FARMERSTELEPHONE COOPERATIVE INC ($6,621,332), SANTEE ELECTRIC COOPERATIVE, INC. ($2,887,500), and WILLIAMSBURG REGIONAL HOSPITAL ($1,889,700).

The most active industry sector in Kingstree was Personal Care Services with 72 loans worth $932,350, followed by Home Health Care Services (40 loans).

Applicants in Kingstree reported retaining 3,517 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Kingstree is part of South Carolina, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.