PPP Loan information for Dynamic electric supply inc.

$95,300

Dynamic electric supply inc. was initially approved for PPP Loan of amount $95,300, the current approved amount is $95,300. The loan was approved on 03/31/2021 by The MBE Capital Partners reported 5 jobs and $95,300 was used to fund payroll.

Dynamic electric supply inc. is Existing or more than 2 years old

PPP Loan Search / NC / Burlington / Dynamic electric supply inc.

DYNAMIC ELECTRIC SUPPLY INC.

Date Approved

03/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DYNAMIC ELECTRIC SUPPLY INC.

Borrower Address

315 N Church St

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27217-2615

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95300.00

Current Approval Amount

95300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27217-2615

CD

NC-04

Jobs Reported

5

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95300.00

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

Subchapter S Corporation

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95707.67

Forgiveness Date

09/07/2021

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