PPP Loan information for Research and development solutions, inc.

$1,159,200

Research and development solutions, inc. was initially approved for PPP Loan of amount $1,159,200, the current approved amount is $1,159,200. The loan was approved on 04/28/2020 by The Legacy Bank reported 64 jobs and $1,159,200 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

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RESEARCH AND DEVELOPMENT SOLUTIONS, INC.

Borrower Address

7921 Jones Branch Drive Ste 275

Borrower City

McLean

Borrower State

VA

Borrower Zip

22102-3333

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1159200.00

Current Approval Amount

1159200.00

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

64

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1159200.00

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

1172498.60

Forgiveness Date

06/24/2021

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