# PPP loan: DYNAMIC ENGINEERING INC.
> **$1.07M** approved 03/24/2021 · Paid in Full · Loan `7760968600`
## Borrower
- **Name:** DYNAMIC ENGINEERING INC.
- **Address:** 221 Cessna St, Watertown, SD, 57201-5614
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 02/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Utilities:** $1
- **Jobs reported:** 77
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*