# PPP loan: DYNAMIC DRILLING LLC
> **$150K** approved 06/30/2020 · Paid in Full · Loan `6708888010`
## Borrower
- **Name:** DYNAMIC DRILLING LLC
- **Address:** 4248 M 61, STANDISH, MI, 48658-9202
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $132K (88%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 7
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*