PPP Loan information for Dyno oil co inc

$444,200

Dyno oil co inc was initially approved for PPP Loan of amount $444,200, the current approved amount is $444,200. The loan was approved on 04/13/2020 by The Northwest Bank reported 88 jobs and $444,200 was used to fund payroll.

Dyno oil co inc is Existing or more than 2 years old

DYNO OIL CO INC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DYNO OIL CO INC

Borrower Address

216 E Milwaukee St

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-4420

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444200.00

Current Approval Amount

444200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-4420

CD

IA-04

Jobs Reported

88

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

44420.00

Payroll Proceed

355360.00

Mortgage Interest Proceed

22210.00

Rent Proceed

22210.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

446889.88

Forgiveness Date

11/30/2020

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