PPP Loan information for Video dynamics inc

$497,737

Video dynamics inc was initially approved for PPP Loan of amount $497,737, the current approved amount is $497,737. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 20 jobs and $497,737 was used to fund payroll.

Video dynamics inc is New Business or 2 years or less

VIDEO DYNAMICS INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VIDEO DYNAMICS INC

Borrower Address

14000a Thunderbolt Pl

Borrower City

Chantilly

Borrower State

VA

Borrower Zip

20151

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497737.00

Current Approval Amount

497737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Chantilly

Project County Name

FAIRFAX

Project State

VA

Project Zip

20151-1000

CD

VA-11

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497737.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502946.19

Forgiveness Date

05/21/2021

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