PPP Loan information for Dynotec industries inc

$241,866

Dynotec industries inc was initially approved for PPP Loan of amount $241,866, the current approved amount is $241,866. The loan was approved on 01/22/2021 by The New Market Bank reported 20 jobs and $241,866 was used to fund payroll.

Dynotec industries inc is Existing or more than 2 years old

DYNOTEC INDUSTRIES INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DYNOTEC INDUSTRIES INC

Borrower Address

875 Corporate Dr

Borrower City

Jordan

Borrower State

MN

Borrower Zip

55352-4547

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

241865.80

Current Approval Amount

241865.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jordan

Project County Name

SCOTT

Project State

MN

Project Zip

55352-4547

CD

MN-02

Jobs Reported

20

NAICS Code

336350

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

241860.80

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

Corporation

Originating Lender Location Id

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243681.45

Forgiveness Date

11/03/2021

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