Date Approved
01/29/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
DEVELOPMENT RESOURCES INC.
Borrower Address
1820 Fort Myer Dr
Borrower City
Arlington
Borrower State
VA
Borrower Zip
22209-1821
Loan Status Date
01/21/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
293873.86
Current Approval Amount
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
Servicing Lender Zip
22030-6051
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ARLINGTON
Project State
Project Zip
CD
VA-08
Jobs Reported
17
NAICS Code
561312
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
293868.86
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
296410.03
Forgiveness Date
12/15/2021