# PPP loan: DIENAMIC TOOLING SYSTEMS INC
> **$989K** approved 04/08/2020 · Paid in Full · Loan `7956737008`
## Borrower
- **Name:** DIENAMIC TOOLING SYSTEMS INC
- **Address:** 303 SAM RAY BURN PKWY, LENOIR CITY, TN, 37771-3353
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $989K
- **Initial approval:** $989K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $665K
- **Mortgage interest:** $145K
- **Utilities:** $26K
- **Health care:** $126K
- **Debt interest:** $27K
- **Jobs reported:** 63
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*