PPP Loan information for Dynamic motion control, inc.

$3,155,028

Dynamic motion control, inc. was initially approved for PPP Loan of amount $3,155,028, the current approved amount is $3,155,028. The loan was approved on 04/07/2020 by The Customers Bank reported 161 jobs and $3,155,028 was used to fund payroll.

Dynamic motion control, inc. is Unanswered

PPP Loan Search / IL / CHICAGO / Dynamic motion control, inc.

DYNAMIC MOTION CONTROL, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DYNAMIC MOTION CONTROL, INC.

Borrower Address

2222 N. Elston Ave., Suite 200

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60614-2906

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3155028.00

Current Approval Amount

3155028.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60614-2906

CD

IL-05

Jobs Reported

161

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3155028.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3191851.07

Forgiveness Date

06/11/2021

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