PPP Loan information for Smartrise engineering inc

$500,000

Smartrise engineering inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 99 jobs and $500,000 was used to fund payroll.

Smartrise engineering inc is New Business or 2 years or less

SMARTRISE ENGINEERING INC

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SMARTRISE ENGINEERING INC

Borrower Address

1235 N UNION BOWER RD

Borrower City

IRVING

Borrower State

TX

Borrower Zip

75061-5827

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

IRVING

Project County Name

DALLAS

Project State

TX

Project Zip

75061-5827

CD

TX-06

Jobs Reported

99

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

504424.66

Forgiveness Date

03/31/2021

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