# PPP loan: DYNAMIC TUBE, INC.
> **$642K** approved 04/15/2020 · Paid in Full · Loan `8633327101`
## Borrower
- **Name:** DYNAMIC TUBE, INC.
- **Address:** 1286 E MAPLE ST, MAQUOKETA, IA, 52060-3243
- **NAICS:** 331491
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $645K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $481K
- **Mortgage interest:** $40K
- **Utilities:** $40K
- **Health care:** $80K
- **Jobs reported:** 53
## Lender
- **Originating:** The Clinton National Bank
- **Servicing:** The Clinton National Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*