PPP Loan information for Dynamic sealing technologies, inc.

$1,192,200

Dynamic sealing technologies, inc. was initially approved for PPP Loan of amount $1,493,700, the current approved amount is $1,192,200. The loan was approved on 04/03/2020 by The Platinum Bank reported 84 jobs and $1,192,200 was used to fund payroll.

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

PPP Loan Search / MN / ANDOVER / Dynamic sealing technologies, inc.

DYNAMIC SEALING TECHNOLOGIES, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DYNAMIC SEALING TECHNOLOGIES, INC.

Borrower Address

13829 Jay Street NW

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-4076

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1493700.00

Current Approval Amount

1192200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446001

Servicing Lender Name

Platinum Bank

Servicing Lender Address

7667 10th St N

Servicing Lender City

OAKDALE

Servicing Lender State

MN

Servicing Lender Zip

55128-5339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-4076

CD

MN-06

Jobs Reported

84

NAICS Code

331491

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1192200.00

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

446001

Originating Lender

Platinum Bank

Originating Lender City

OAKDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1199124.56

Forgiveness Date

11/09/2020

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