PPP Loan information for Dynamic welding and machine llc

$54,025

Dynamic welding and machine llc was initially approved for PPP Loan of amount $54,025, the current approved amount is $54,025. The loan was approved on 04/30/2020 by The Frandsen Bank & Trust reported 8 jobs and $54,025 was used to fund payroll.

Dynamic welding and machine llc is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Dynamic welding and machine llc

DYNAMIC WELDING AND MACHINE LLC

Date Approved

04/30/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DYNAMIC WELDING AND MACHINE LLC

Borrower Address

2004 DEMERS AVE

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54025.00

Current Approval Amount

54025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-0001

CD

ND-

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5400.00

Payroll Proceed

40500.00

Mortgage Interest Proceed

8125.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48276.31

Forgiveness Date

11/19/2020

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