PPP Loan information for Dynamic electrical contractors inc.

$436,983

Dynamic electrical contractors inc. was initially approved for PPP Loan of amount $436,983, the current approved amount is $436,983. The loan was approved on 04/27/2020 by The Bank of America, National Association reported 48 jobs and $436,983 was used to fund payroll.

Dynamic electrical contractors inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Dynamic electrical contractors inc.

DYNAMIC ELECTRICAL CONTRACTORS INC.

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

DYNAMIC ELECTRICAL CONTRACTORS INC.

Borrower Address

1046 WINTHROP STREET

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11212

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

436983.00

Current Approval Amount

436983.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11212-0001

CD

NY-09

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

436983.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

442885.26

Forgiveness Date

09/10/2021

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