PPP Loan information for Dynamic electric llc

$59,660

Dynamic electric llc was initially approved for PPP Loan of amount $59,660, the current approved amount is $59,660. The loan was approved on 04/02/2021 by The Reliance Bank reported 8 jobs and $59,660 was used to fund payroll.

Dynamic electric llc is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Dynamic electric llc

DYNAMIC ELECTRIC LLC

Date Approved

04/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DYNAMIC ELECTRIC LLC

Borrower Address

4563 Cedar Lake Blvd

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-7853

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59660.00

Current Approval Amount

59660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-7853

CD

MN-01

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59659.00

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

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60134.01

Forgiveness Date

01/21/2022

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