PPP Loan information for Dynamic contracting, inc.

$1,807,602

Dynamic contracting, inc. was initially approved for PPP Loan of amount $1,807,602, the current approved amount is $1,807,602. The loan was approved on 04/14/2020 by The Truist Bank reported 110 jobs and $1,807,602 was used to fund payroll.

Dynamic contracting, inc. is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Dynamic contracting, inc.

DYNAMIC CONTRACTING, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DYNAMIC CONTRACTING, INC.

Borrower Address

2806 DOUGLAS ST NE

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20018-1553

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1807602.00

Current Approval Amount

1807602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20018-1553

CD

DC-

Jobs Reported

110

NAICS Code

236220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1807602.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1823569.15

Forgiveness Date

03/05/2021

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