PPP Loan information for The sierra group inc

$222,500

The sierra group inc was initially approved for PPP Loan of amount $2,669,800, the current approved amount is $222,500. The loan was approved on 04/10/2020 by The Truist Bank reported 15 jobs and $222,500 was used to fund payroll.

The sierra group inc is Existing or more than 2 years old

PPP Loan Search / MD / LAUREL / The sierra group inc

THE SIERRA GROUP INC

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE SIERRA GROUP INC

Borrower Address

8647 CHERRY LN

Borrower City

LAUREL

Borrower State

MD

Borrower Zip

20707-6201

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2669800.00

Current Approval Amount

222500.00

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

LAUREL

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-6201

CD

MD-04

Jobs Reported

15

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222500.00

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

224836.25

Forgiveness Date

05/04/2021

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