PPP Loan information for Smart electric power alliance

$923,278

Smart electric power alliance was initially approved for PPP Loan of amount $923,278, the current approved amount is $923,278. The loan was approved on 02/25/2021 by The Truist Bank reported 45 jobs and $923,278 was used to fund payroll.

Smart electric power alliance is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Smart electric power alliance

SMART ELECTRIC POWER ALLIANCE

Date Approved

02/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SMART ELECTRIC POWER ALLIANCE

Borrower Address

1220 19th St NW Ste 800

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-2400

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

923277.50

Current Approval Amount

923277.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-2400

CD

DC-

Jobs Reported

45

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

923275.50

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

927868.24

Forgiveness Date

09/07/2021

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