PPP Loan information for Dynamic electrical solutions inc

$112,300

Dynamic electrical solutions inc was initially approved for PPP Loan of amount $112,300, the current approved amount is $112,300. The loan was approved on 04/30/2020 by The Truist Bank reported 13 jobs and $112,300 was used to fund payroll.

Dynamic electrical solutions inc is Existing or more than 2 years old

DYNAMIC ELECTRICAL SOLUTIONS INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DYNAMIC ELECTRICAL SOLUTIONS INC

Borrower Address

412 A Buttonwood Drive

Borrower City

Hillsborough

Borrower State

NC

Borrower Zip

27278

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112300.00

Current Approval Amount

112300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsborough

Project County Name

ORANGE

Project State

NC

Project Zip

27278-0001

CD

NC-04

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113295.10

Forgiveness Date

03/24/2021

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