PPP Loan information for Spring dynamics, inc.

$502,985

Spring dynamics, inc. was initially approved for PPP Loan of amount $502,985, the current approved amount is $502,985. The loan was approved on 04/30/2020 by The Tri-County Bank reported 41 jobs and $502,985 was used to fund payroll.

Spring dynamics, inc. is Existing or more than 2 years old

SPRING DYNAMICS, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPRING DYNAMICS, INC.

Borrower Address

7378 RESEARCH DRIVE

Borrower City

ALMONT

Borrower State

MI

Borrower Zip

48003

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

502985.00

Current Approval Amount

502985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALMONT

Project County Name

LAPEER

Project State

MI

Project Zip

48003-0001

CD

MI-09

Jobs Reported

41

NAICS Code

332613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

502985.00

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

Corporation

Originating Lender Location Id

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

506154.49

Forgiveness Date

12/17/2020

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