Date Approved
05/26/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
SMART UTILITY MANAGEMENT, LLC
Borrower Address
10700 Coastal Highway
Borrower City
Ocean City
Borrower State
MD
Borrower Zip
21842
Loan Status Date
06/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
37500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
223542
Servicing Lender Name
Celtic Bank Corporation
Servicing Lender Address
268 S State St, Ste 300
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-5314
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
WORCESTER
Project State
Project Zip
21842-1100
CD
MD-01
Jobs Reported
1
NAICS Code
541990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4687.50
Payroll Proceed
28125.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
37869.86
Forgiveness Date
05/24/2021