PPP Loan information for Application development resources, inc.

$711,000

Application development resources, inc. was initially approved for PPP Loan of amount $711,000, the current approved amount is $711,000. The loan was approved on 04/07/2020 by The Ameris Bank reported 39 jobs and $711,000 was used to fund payroll.

Application development resources, inc. is Existing or more than 2 years old

APPLICATION DEVELOPMENT RESOURCES, INC.

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

APPLICATION DEVELOPMENT RESOURCES, INC.

Borrower Address

3015 Windward Plaza Ste. 120

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30005-7448

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711000.00

Current Approval Amount

711000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30005-7448

CD

GA-06

Jobs Reported

39

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554722.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

156278.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715616.63

Forgiveness Date

12/16/2020

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