# PPP loan: SEL DEVELOPMENT INC.
> **$445K** approved 04/09/2020 · Paid in Full · Loan `9413407006`
## Borrower
- **Name:** SEL DEVELOPMENT INC.
- **Address:** 1120 PILGRIM RD, CUMMING, GA, 30040-4517
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $448K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Rent:** $4K
- **Debt interest:** $9K
- **Jobs reported:** 50
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*