PPP Loan information for Dynamic tool company inc

$571,285

Dynamic tool company inc was initially approved for PPP Loan of amount $571,285, the current approved amount is $571,285. The loan was approved on 02/06/2021 by The First American Bank reported 78 jobs and $571,285 was used to fund payroll.

Dynamic tool company inc is Existing or more than 2 years old

PPP Loan Search / TX / El Paso / Dynamic tool company inc

DYNAMIC TOOL COMPANY INC

Date Approved

02/06/2021

SBA Office Code

0677

Processing Method

PPS

Borrower Name

DYNAMIC TOOL COMPANY INC

Borrower Address

1421 Vanderbilt Dr

Borrower City

El Paso

Borrower State

TX

Borrower Zip

79935-4808

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

571285.00

Current Approval Amount

571285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

El Paso

Project County Name

EL PASO

Project State

TX

Project Zip

79935-4808

CD

TX-16

Jobs Reported

78

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

571283.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

573284.50

Forgiveness Date

06/23/2021

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