# PPP loan: DYNACOIL, INC.
> **$1.21M** approved 04/07/2020 · Paid in Full · Loan `7350867007`
## Borrower
- **Name:** DYNACOIL, INC.
- **Address:** 2000 Lewis Ave., ZION, IL, 60099-1546
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $2.08M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 83
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*