PPP Loan information for Dynamic balancing corp

$94,929

Dynamic balancing corp was initially approved for PPP Loan of amount $94,929, the current approved amount is $94,929. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $94,929 was used to fund payroll.

Dynamic balancing corp is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / Dynamic balancing corp

DYNAMIC BALANCING CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DYNAMIC BALANCING CORP

Borrower Address

264 WABASH AVE

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07503

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94929.00

Current Approval Amount

94929.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-1000

CD

NJ-09

Jobs Reported

6

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94929.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96104.56

Forgiveness Date

08/09/2021

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