PPP Loan information for Cynergy electric company inc.

$623,000

Cynergy electric company inc. was initially approved for PPP Loan of amount $623,000, the current approved amount is $623,000. The loan was approved on 03/31/2021 by The Truist Bank reported 30 jobs and $623,000 was used to fund payroll.

Cynergy electric company inc. is Existing or more than 2 years old

CYNERGY ELECTRIC COMPANY INC.

Date Approved

03/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CYNERGY ELECTRIC COMPANY INC.

Borrower Address

1612 Professional Blvd

Borrower City

Crofton

Borrower State

MD

Borrower Zip

21114-2049

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

623000.00

Current Approval Amount

623000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crofton

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21114-2049

CD

MD-05

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

622999.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

628139.75

Forgiveness Date

02/07/2022

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