PPP Loan information for Dynamic electric supply inc.

$114,920

Dynamic electric supply inc. was initially approved for PPP Loan of amount $114,920, the current approved amount is $114,920. The loan was approved on 04/28/2020 by The American Express National Bank reported 9 jobs and $114,920 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

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DYNAMIC ELECTRIC SUPPLY INC.

Borrower Address

315 N. CHURCH ST.

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27217

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114920.00

Current Approval Amount

114920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27217-1000

CD

NC-04

Jobs Reported

9

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82742.40

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32177.60

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115965.30

Forgiveness Date

04/05/2021

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