PPP Loan information for Dynacut industries

$75,376

Dynacut industries was initially approved for PPP Loan of amount $75,376, the current approved amount is $75,376. The loan was approved on 04/08/2020 by The Old Second National Bank reported 9 jobs and $75,376 was used to fund payroll.

Dynacut industries is Existing or more than 2 years old

DYNACUT INDUSTRIES

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DYNACUT INDUSTRIES

Borrower Address

500 RANDY ROAD SUITE A

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188-2102

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75376.00

Current Approval Amount

75376.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-2102

CD

IL-08

Jobs Reported

9

NAICS Code

332721

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75376.00

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

Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75976.91

Forgiveness Date

01/28/2021

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