PPP Loan information for Dynamic wood products inc.

$627,059

Dynamic wood products inc. was initially approved for PPP Loan of amount $627,059, the current approved amount is $627,059. The loan was approved on 02/24/2021 by The Mercantile Bank reported 60 jobs and $627,059 was used to fund payroll.

Dynamic wood products inc. is Existing or more than 2 years old

PPP Loan Search / MI / Saranac / Dynamic wood products inc.

DYNAMIC WOOD PRODUCTS INC.

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DYNAMIC WOOD PRODUCTS INC.

Borrower Address

533 Pinckney Rd

Borrower City

Saranac

Borrower State

MI

Borrower Zip

48881-9484

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

627059.00

Current Approval Amount

627059.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saranac

Project County Name

IONIA

Project State

MI

Project Zip

48881-9484

CD

MI-02

Jobs Reported

60

NAICS Code

337211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

627057.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

631731.88

Forgiveness Date

11/26/2021

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