PPP Loan information for Advanced systems development inc.

$1,161,320

Advanced systems development inc. was initially approved for PPP Loan of amount $1,161,320, the current approved amount is $1,161,320. The loan was approved on 03/18/2021 by The Old Dominion National Bank reported 63 jobs and $1,161,320 was used to fund payroll.

Advanced systems development inc. is Existing or more than 2 years old

ADVANCED SYSTEMS DEVELOPMENT INC.

Date Approved

03/18/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ADVANCED SYSTEMS DEVELOPMENT INC.

Borrower Address

6400 Arlington Blvd Ste 850

Borrower City

Falls Church

Borrower State

VA

Borrower Zip

22042-2336

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1161320.00

Current Approval Amount

1161320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Falls Church

Project County Name

FAIRFAX

Project State

VA

Project Zip

22042-2336

CD

VA-08

Jobs Reported

63

NAICS Code

541512

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1161316.00

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1169337.88

Forgiveness Date

12/06/2021

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