Dynamic Electric Supply Inc.

$114,920 PPP Loan in Burlington, North Carolina

Loan Details

Loan Number
7126787209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$114,920
Current Approval
$114,920
Forgiveness Amount
$115,965
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dynamic Electric Supply Inc.
Address
315 N. Church St.
ZIP Code
27217
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$82,742
Health Care
$32,178

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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