PPP Loan information for Dynamic jig grinding corporation

$319,444

Dynamic jig grinding corporation was initially approved for PPP Loan of amount $319,444, the current approved amount is $319,444. The loan was approved on 02/25/2021 by The Independent Bank reported 15 jobs and $319,444 was used to fund payroll.

Dynamic jig grinding corporation is Existing or more than 2 years old

DYNAMIC JIG GRINDING CORPORATION

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DYNAMIC JIG GRINDING CORPORATION

Borrower Address

985 Troy Ct

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-2728

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

319444.00

Current Approval Amount

319444.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-2728

CD

MI-11

Jobs Reported

15

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

319442.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322288.36

Forgiveness Date

01/21/2022

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