PPP Loan information for Dynanet corporation

$1,925,655

Dynanet corporation was initially approved for PPP Loan of amount $1,925,655, the current approved amount is $1,925,655. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 80 jobs and $1,925,655 was used to fund payroll.

Dynanet corporation is Existing or more than 2 years old

DYNANET CORPORATION

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DYNANET CORPORATION

Borrower Address

8182 LARK BROWN RD Suite 300

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075-6420

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1925655.00

Current Approval Amount

1925655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKRIDGE

Project County Name

HOWARD

Project State

MD

Project Zip

21075-6420

CD

MD-03

Jobs Reported

80

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1925655.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1947496.68

Forgiveness Date

06/11/2021

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