# PPP loan: DYNAMIC CONVEYOR CORPORATION
> **$409K** approved 04/14/2020 · Paid in Full · Loan `7518567103`
## Borrower
- **Name:** DYNAMIC CONVEYOR CORPORATION
- **Address:** 5980 GRAND HAVEN RD, NORTON SHORES, MI, 49441-6012
- **NAICS:** 333922
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $409K
- **Jobs reported:** 27
## Lender
- **Originating:** Community Shores Bank, A Division of
- **Servicing:** ChoiceOne Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*