PPP Loan information for Dynamic metals inc

$374,907

Dynamic metals inc was initially approved for PPP Loan of amount $374,907, the current approved amount is $374,907. The loan was approved on 04/27/2020 by The Emigrant Bank reported 17 jobs and $374,907 was used to fund payroll.

Dynamic metals inc is Existing or more than 2 years old

DYNAMIC METALS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DYNAMIC METALS INC

Borrower Address

1713 South Second Street

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374907.00

Current Approval Amount

374907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48902

Servicing Lender Name

Emigrant Bank

Servicing Lender Address

5 E 42nd St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-6904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Piscataway

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1400

CD

NJ-06

Jobs Reported

17

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374907.00

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

48902

Originating Lender

Emigrant Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378645.80

Forgiveness Date

04/29/2021

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