# PPP loan: JOULESMART SOLUTIONS, INC.
> **$721K** approved 05/01/2020 · Exemption 4 · Loan `7993847310`
## Borrower
- **Name:** JOULESMART SOLUTIONS, INC.
- **Address:** 16165 SW 72ND AVE, PORTLAND, OR, 97224-7782
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $721K
- **Initial approval:** $721K
- **Forgiven:** $726K (101%)
- **Forgiveness date:** 04/15/2022
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $721K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*