PPP Loan information for Metro area redemption inc.

$63,400

Metro area redemption inc. was initially approved for PPP Loan of amount $63,400, the current approved amount is $63,400. The loan was approved on 03/27/2021 by The Farmers State Bank reported 11 jobs and $63,400 was used to fund payroll.

Metro area redemption inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Falls / Metro area redemption inc.

METRO AREA REDEMPTION INC.

Date Approved

03/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

METRO AREA REDEMPTION INC.

Borrower Address

9301 University Ave

Borrower City

Cedar Falls

Borrower State

IA

Borrower Zip

50613-9151

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63400.00

Current Approval Amount

63400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Falls

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-9151

CD

IA-02

Jobs Reported

11

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

63397.00

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

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63840.28

Forgiveness Date

12/09/2021

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