PPP Loan information for Dynamic utility solutions llc

$2,624,400

Dynamic utility solutions llc was initially approved for PPP Loan of amount $2,624,400, the current approved amount is $2,624,400. The loan was approved on 04/04/2020 by The American Community Bank & Trust reported 74 jobs and $2,624,400 was used to fund payroll.

Dynamic utility solutions llc is Existing or more than 2 years old

DYNAMIC UTILITY SOLUTIONS LLC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DYNAMIC UTILITY SOLUTIONS LLC

Borrower Address

207 Eisenhower Lane S, Unit C

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-5407

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2624400.00

Current Approval Amount

2624400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-5407

CD

IL-06

Jobs Reported

74

NAICS Code

237130

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2624400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2655163.80

Forgiveness Date

06/11/2021

;