PPP Loan information for Dynamic restaurant acquisition, inc.

$932,700

Dynamic restaurant acquisition, inc. was initially approved for PPP Loan of amount $932,700, the current approved amount is $932,700. The loan was approved on 04/09/2020 by The Fortress Bank reported 288 jobs and $932,700 was used to fund payroll.

Dynamic restaurant acquisition, inc. is Existing or more than 2 years old

PPP Loan Search / IA / BETTENDORF / Dynamic restaurant acquisition, inc.

DYNAMIC RESTAURANT ACQUISITION, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DYNAMIC RESTAURANT ACQUISITION, INC.

Borrower Address

2705 HAPPY JOE DR

Borrower City

BETTENDORF

Borrower State

IA

Borrower Zip

52722-2385

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

932700.00

Current Approval Amount

932700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21621

Servicing Lender Name

Fortress Bank

Servicing Lender Address

9000 N Knoxville Ave

Servicing Lender City

PEORIA

Servicing Lender State

IL

Servicing Lender Zip

61615-1412

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETTENDORF

Project County Name

SCOTT

Project State

IA

Project Zip

52722-2385

CD

IA-01

Jobs Reported

288

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62190.00

Payroll Proceed

746130.00

Mortgage Interest Proceed

0.00

Rent Proceed

62190.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62190.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21621

Originating Lender

Fortress Bank

Originating Lender City

PEORIA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

940851.54

Forgiveness Date

03/03/2021

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