PPP Loan information for Research and development inc

$80,400

Research and development inc was initially approved for PPP Loan of amount $80,400, the current approved amount is $80,400. The loan was approved on 04/08/2020 by The South Atlantic Bank reported 7 jobs and $80,400 was used to fund payroll.

Research and development inc is Existing or more than 2 years old

RESEARCH AND DEVELOPMENT INC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RESEARCH AND DEVELOPMENT INC

Borrower Address

3898 Highmarket St

Borrower City

GEORGETOWN

Borrower State

SC

Borrower Zip

29440-4654

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80400.00

Current Approval Amount

80400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GEORGETOWN

Project County Name

GEORGETOWN

Project State

SC

Project Zip

29440-4654

CD

SC-07

Jobs Reported

7

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80400.00

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

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80828.80

Forgiveness Date

10/20/2020

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