PPP Loan information for Research and development solutions inc.

$1,311,600

Research and development solutions inc. was initially approved for PPP Loan of amount $1,311,600, the current approved amount is $1,311,600. The loan was approved on 01/20/2021 by The Legacy Bank reported 63 jobs and $1,311,600 was used to fund payroll.

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

RESEARCH AND DEVELOPMENT SOLUTIONS INC.

Date Approved

01/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RESEARCH AND DEVELOPMENT SOLUTIONS INC.

Borrower Address

7921 Jones Branch Dr Ste 275

Borrower City

McLean

Borrower State

VA

Borrower Zip

22102-3333

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1311600.00

Current Approval Amount

1311600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McLean

Project County Name

FAIRFAX

Project State

VA

Project Zip

22102-3333

CD

VA-11

Jobs Reported

63

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1311597.00

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

Subchapter S Corporation

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1324351.67

Forgiveness Date

01/13/2022

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