PPP Loan information for Industrial dynamics llc

$158,500

Industrial dynamics llc was initially approved for PPP Loan of amount $158,500, the current approved amount is $158,500. The loan was approved on 04/28/2020 by The TowneBank reported 12 jobs and $158,500 was used to fund payroll.

Industrial dynamics llc is Existing or more than 2 years old

INDUSTRIAL DYNAMICS LLC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INDUSTRIAL DYNAMICS LLC

Borrower Address

1256 B Progress Rd

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158500.00

Current Approval Amount

158500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-0001

CD

VA-02

Jobs Reported

12

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158500.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160278.72

Forgiveness Date

06/10/2021

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