# PPP loan: DYNAMIC TOWING EQUIPMENT & MANF
> **$384K** approved 03/12/2021 · Paid in Full · Loan `9066818502`
## Borrower
- **Name:** DYNAMIC TOWING EQUIPMENT & MANF
- **Address:** 1120 E Brambleton Ave, Norfolk, VA, 23504-3415
- **NAICS:** 333924
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $173K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $384K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*