PPP Loan information for Dynamic towing equipment & manf

$383,800

Dynamic towing equipment & manf was initially approved for PPP Loan of amount $173,000, the current approved amount is $383,800. The loan was approved on 03/12/2021 by The The Old Point National Bank of Phoebus reported 21 jobs and $383,800 was used to fund payroll.

Dynamic towing equipment & manf is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Dynamic towing equipment & manf

DYNAMIC TOWING EQUIPMENT & MANF

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DYNAMIC TOWING EQUIPMENT & MANF

Borrower Address

1120 E Brambleton Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23504-3415

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173000.00

Current Approval Amount

383800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23504-3415

CD

VA-03

Jobs Reported

21

NAICS Code

333924

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

383798.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387200.89

Forgiveness Date

01/26/2022

;