PPP Loan information for Metal it, inc.

$165,788

Metal it, inc. was initially approved for PPP Loan of amount $165,788, the current approved amount is $165,788. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 13 jobs and $165,788 was used to fund payroll.

Metal it, inc. is New Business or 2 years or less

METAL IT, INC.

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

METAL IT, INC.

Borrower Address

7120 Golden Ring Road STE 112

Borrower City

ESSEX

Borrower State

MD

Borrower Zip

21221

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165788.00

Current Approval Amount

165788.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ESSEX

Project County Name

BALTIMORE

Project State

MD

Project Zip

21221-0500

CD

MD-02

Jobs Reported

13

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

165788.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167695.70

Forgiveness Date

06/15/2021

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