PPP Loan information for Solutions development corporation

$2,023,900

Solutions development corporation was initially approved for PPP Loan of amount $2,023,900, the current approved amount is $2,023,900. The loan was approved on 05/06/2020 by The Truist Bank reported 110 jobs and $2,023,900 was used to fund payroll.

Solutions development corporation is Existing or more than 2 years old

PPP Loan Search / VA / King George / Solutions development corporation

SOLUTIONS DEVELOPMENT CORPORATION

Date Approved

05/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOLUTIONS DEVELOPMENT CORPORATION

Borrower Address

17109 Dahlgren Road

Borrower City

King George

Borrower State

VA

Borrower Zip

22485

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2023900.00

Current Approval Amount

2023900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

King George

Project County Name

KING GEORGE

Project State

VA

Project Zip

22485-0001

CD

VA-07

Jobs Reported

110

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2023900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98017.63

Forgiveness Date

08/23/2021

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