Dynamic Electric INC

$800,000 PPP Loan in Alsip, Illinois

Loan Details

Loan Number
4244947206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$800,000
Current Approval
$800,000
Forgiveness Amount
$804,200
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dynamic Electric INC
Address
12800 S Cicero Ave
City
Alsip
ZIP Code
60803-3044
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$800,000

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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