PPP Loan information for Dynamic balancing corp

$94,787

Dynamic balancing corp was initially approved for PPP Loan of amount $94,787, the current approved amount is $94,787. The loan was approved on 03/24/2021 by The Wells Fargo Bank, National Association reported 9 jobs and $94,787 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

03/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DYNAMIC BALANCING CORP

Borrower Address

264 Wabash Ave

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07503-1612

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94787.00

Current Approval Amount

94787.00

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

07503-1612

CD

NJ-09

Jobs Reported

9

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

94784.00

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

95690.72

Forgiveness Date

03/10/2022

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