PPP Loan information for Dynamic packaging solutions, inc.

$562,500

Dynamic packaging solutions, inc. was initially approved for PPP Loan of amount $562,500, the current approved amount is $562,500. The loan was approved on 04/14/2020 by The First State Bank of Middlebury reported 130 jobs and $562,500 was used to fund payroll.

Dynamic packaging solutions, inc. is Existing or more than 2 years old

DYNAMIC PACKAGING SOLUTIONS, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DYNAMIC PACKAGING SOLUTIONS, INC.

Borrower Address

406 KESCO DR

Borrower City

BRISTOL

Borrower State

IN

Borrower Zip

46507-8991

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562500.00

Current Approval Amount

562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

ELKHART

Project State

IN

Project Zip

46507-8991

CD

IN-02

Jobs Reported

130

NAICS Code

561910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

140500.00

Payroll Proceed

422000.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

566031.25

Forgiveness Date

12/04/2020

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