Dynamic Wood Products, Incorporated
$943,146 PPP Loan in Saranac, Michigan
Loan Details
- Loan Number
- 7642867009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $943,146
- Current Approval
- $943,146
- Forgiveness Amount
- $951,673
- Forgiveness Date
- Mar 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dynamic Wood Products, Incorporated
- Address
- 533 Pinckney Rd
- City
- Saranac
- State
- Michigan
- ZIP Code
- 48881-9484
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (337211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 100
- Estimated Revenue
- $26.2M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $816,146
- Rent
- $4,000
- Utilities
- $26,000
- Health Care
- $86,000
- Debt Interest
- $11,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Saranac, MI
| Business | Approved | |
|---|---|---|
| Reliable Relamping, Inc. | $1,794,930 |  Research |
| Dynamic Wood Products Inc. | $627,059 | Research |
| Maple Row Dairy | $588,700 | Research |
| Contract Dewatering Services Inc. | $415,440 | Research |
| Contract Dewatering Svc, Inc. | $415,440 | Research |
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