PPP Loan information for Development resources inc.

$293,874

Development resources inc. was initially approved for PPP Loan of amount $293,874, the current approved amount is $293,874. The loan was approved on 01/29/2021 by The FVCbank reported 17 jobs and $293,874 was used to fund payroll.

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

DEVELOPMENT RESOURCES INC.

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

293873.86

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

22209-1821

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

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

296410.03

Forgiveness Date

12/15/2021

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