PPP Loan information for Dynamic insulation, inc

$214,254

Dynamic insulation, inc was initially approved for PPP Loan of amount $214,254, the current approved amount is $214,254. The loan was approved on 04/16/2020 by The North Shore Bank, a Co-operative Bank reported 13 jobs and $214,254 was used to fund payroll.

Dynamic insulation, inc is Existing or more than 2 years old

DYNAMIC INSULATION, INC

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DYNAMIC INSULATION, INC

Borrower Address

9 FILLMORE ST

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-1117

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214254.00

Current Approval Amount

214254.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-1117

CD

MA-06

Jobs Reported

13

NAICS Code

238310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

214254.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216009.69

Forgiveness Date

02/12/2021

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