PPP Loan information for Dynamic merchant processing, llc

$54,795

Dynamic merchant processing, llc was initially approved for PPP Loan of amount $54,795, the current approved amount is $54,795. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 4 jobs and $54,795 was used to fund payroll.

Dynamic merchant processing, llc is Existing or more than 2 years old

PPP Loan Search / AL / OXFORD / Dynamic merchant processing, llc

DYNAMIC MERCHANT PROCESSING, LLC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DYNAMIC MERCHANT PROCESSING, LLC

Borrower Address

1323 HAMRIC DR E, Suite 3

Borrower City

OXFORD

Borrower State

AL

Borrower Zip

36203-1917

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54795.00

Current Approval Amount

54795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3189

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

112 E Ladiga St

Servicing Lender City

PIEDMONT

Servicing Lender State

AL

Servicing Lender Zip

36272-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

CALHOUN

Project State

AL

Project Zip

36203-1917

CD

AL-03

Jobs Reported

4

NAICS Code

522320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54795.00

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

3189

Originating Lender

Farmers and Merchants Bank

Originating Lender City

PIEDMONT

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55393.99

Forgiveness Date

05/20/2021

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