# PPP loan: SEL DEVELOPMENT INC
> **$445K** approved 01/30/2021 · Paid in Full · Loan `8730368307`
## Borrower
- **Name:** SEL DEVELOPMENT INC
- **Address:** 1120 Pilgrim Rd, Cumming, GA, 30040-4517
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $445K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*