PPP Loan information for Development finance

$137,500

Development finance was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 02/06/2021 by The TD Bank, National Association reported 7 jobs and $137,500 was used to fund payroll.

Development finance is Existing or more than 2 years old

DEVELOPMENT FINANCE

Date Approved

02/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

DEVELOPMENT FINANCE

Borrower Address

7201 Wisconsin Ave Ste 505

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814-4998

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-4998

CD

MD-08

Jobs Reported

7

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

137496.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138481.60

Forgiveness Date

10/28/2021

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