# PPP loan: SMART ELECTRIC POWER ALLIANCE
> **$923K** approved 02/25/2021 · Paid in Full · Loan `4080528502`
## Borrower
- **Name:** SMART ELECTRIC POWER ALLIANCE
- **Address:** 1220 19th St NW Ste 800, Washington, DC, 20036-2400
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $923K
- **Initial approval:** $923K
- **Forgiven:** $928K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $923K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*