PPP Loan information for Dynamic conveyor corporation

$409,155

Dynamic conveyor corporation was initially approved for PPP Loan of amount $409,155, the current approved amount is $409,155. The loan was approved on 04/14/2020 by The ChoiceOne Bank reported 27 jobs and $409,155 was used to fund payroll.

Dynamic conveyor corporation is New Business or 2 years or less

PPP Loan Search / MI / NORTON SHORES / Dynamic conveyor corporation

DYNAMIC CONVEYOR CORPORATION

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DYNAMIC CONVEYOR CORPORATION

Borrower Address

5980 GRAND HAVEN RD

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49441-6012

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409155.00

Current Approval Amount

409155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-6012

CD

MI-02

Jobs Reported

27

NAICS Code

333922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

409155.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

412786.95

Forgiveness Date

03/15/2021

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