# PPP loan: RESEARCH AND DEVELOPMENT SOLUTIONS INC.
> **$1.31M** approved 01/20/2021 · Paid in Full · Loan `2162028303`
## Borrower
- **Name:** RESEARCH AND DEVELOPMENT SOLUTIONS INC.
- **Address:** 7921 Jones Branch Dr Ste 275, McLean, VA, 22102-3333
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.31M
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*