Dynamic Towing Equipment & Manufacturing Inc.
$385,100 PPP Loan in Norfolk, Virginia
Loan Details
- Loan Number
- 5093707004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $385,100
- Current Approval
- $385,100
- Forgiveness Amount
- $388,801
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dynamic Towing Equipment & Manufacturing Inc.
- Address
- 1120 E. Brambleton Ave
- City
- Norfolk
- State
- Virginia
- ZIP Code
- 23504-3415
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (488410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- VA-03
Loan Use Breakdown
- Payroll
- $354,000
- Rent
- $30,000
- Utilities
- $1,100
Lender Information
- Servicing Lender
- The Old Point National Bank of Phoebus
- Originating Lender
- The Old Point National Bank of Phoebus
Other PPP Loans in Norfolk, VA
| Business | Approved | |
|---|---|---|
| Colonna's Ship Yard, Incorporated | $10,000,000 | |
| Evms Academic Physicians and Surgeons Health Services Founda | $7,976,600 | |
| Tp Host LLC | $7,970,780 | |
| Lombart Brothers INC | $5,505,597 | |
| Virginia Oncology Associates | $5,501,347 |
Want to research this company further?
Try NewBizBot free