PPP Loan information for Dynamic controls solutions, inc

$349,500

Dynamic controls solutions, inc was initially approved for PPP Loan of amount $349,500, the current approved amount is $349,500. The loan was approved on 04/27/2020 by The Waterford Bank, National Association reported 16 jobs and $349,500 was used to fund payroll.

Dynamic controls solutions, inc is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Dynamic controls solutions, inc

DYNAMIC CONTROLS SOLUTIONS, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DYNAMIC CONTROLS SOLUTIONS, INC

Borrower Address

46998 Magellan Suite 500

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-4726

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349500.00

Current Approval Amount

349500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-4726

CD

MI-11

Jobs Reported

16

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1740.00

Payroll Proceed

316573.00

Mortgage Interest Proceed

0.00

Rent Proceed

31187.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

352247.46

Forgiveness Date

02/09/2021

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