PPP Loan information for Dynamic machining x manufacturing llc

$318,750

Dynamic machining x manufacturing llc was initially approved for PPP Loan of amount $318,750, the current approved amount is $318,750. The loan was approved on 03/26/2021 by The Truist Bank reported 29 jobs and $318,750 was used to fund payroll.

Dynamic machining x manufacturing llc is Existing or more than 2 years old

DYNAMIC MACHINING X MANUFACTURING LLC

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DYNAMIC MACHINING X MANUFACTURING LLC

Borrower Address

157 Industrial Dr

Borrower City

King

Borrower State

NC

Borrower Zip

27021-8221

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318750.00

Current Approval Amount

318750.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

King

Project County Name

STOKES

Project State

NC

Project Zip

27021-8221

CD

NC-05

Jobs Reported

29

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

318747.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

321052.08

Forgiveness Date

12/15/2021

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