PPP Loan information for Dynamic machine of detroit inc

$731,750

Dynamic machine of detroit inc was initially approved for PPP Loan of amount $731,750, the current approved amount is $731,750. The loan was approved on 02/02/2021 by The PNC Bank, National Association reported 47 jobs and $731,750 was used to fund payroll.

Dynamic machine of detroit inc is Existing or more than 2 years old

DYNAMIC MACHINE OF DETROIT INC

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DYNAMIC MACHINE OF DETROIT INC

Borrower Address

1653 E Maple Rd

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-4208

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

731750.00

Current Approval Amount

731750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

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

48083-4208

CD

MI-11

Jobs Reported

47

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

731747.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

737563.35

Forgiveness Date

11/22/2021

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