Private company
The Applied Finance Group
Logo: economicmargin.com3
The Applied Finance Group (AFG) is an American institutional equity research firm founded in 1995 by Rafael Resendes and Dan Obrycki.2 It is headquartered in Chicago.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- HeadquartersChicago1
- Websitewww.economicmargin.com
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The Applied Finance Group (AFG) is an American institutional equity research firm founded in 1995 by Rafael Resendes and Dan Obrycki.2
Timeline
- 1995Founded Founded1
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $215.5K
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2020 | $215.5K | $215.5K |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA4. Matched to this company by name and state.
- May 6, 2020$215.5K PPP loan (first draw) from JPMorgan Chase Bank, National Association4To THE APPLIED FINANCE GROUP LTD, Chicago IL; no forgiveness recorded
Links
- Websitewww.economicmargin.com1
- WikipediaThe Applied Finance Group
- WikidataQ7714034
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3Company websiteThe Applied Finance Group logo
- 4