PPP Loan information for Development resources, inc.

$326,440

Development resources, inc. was initially approved for PPP Loan of amount $326,440, the current approved amount is $326,440. The loan was approved on 04/10/2020 by The FVCbank reported 18 jobs and $326,440 was used to fund payroll.

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

DEVELOPMENT RESOURCES, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DEVELOPMENT RESOURCES, INC.

Borrower Address

1820 N Ft Myer Drive

Borrower City

Arlington

Borrower State

VA

Borrower Zip

22209

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326440.00

Current Approval Amount

326440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452208

Servicing Lender Name

FVCbank

Servicing Lender Address

11325 Random Hills Rd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-6051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

ARLINGTON

Project State

VA

Project Zip

22209-1000

CD

VA-08

Jobs Reported

18

NAICS Code

611710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

326440.00

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

452208

Originating Lender

FVCbank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329686.51

Forgiveness Date

04/22/2021

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