PPP Loan information for Metro controls inc.

$1,449,199

Metro controls inc. was initially approved for PPP Loan of amount $1,449,199, the current approved amount is $1,449,199. The loan was approved on 03/12/2021 by The Mercantile Bank reported 63 jobs and $1,449,199 was used to fund payroll.

Metro controls inc. is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Township / Metro controls inc.

METRO CONTROLS INC.

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

METRO CONTROLS INC.

Borrower Address

22660 15 Mile Rd

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48035-3100

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1449199.00

Current Approval Amount

1449199.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48035-3100

CD

MI-10

Jobs Reported

63

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1449197.00

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

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1460038.21

Forgiveness Date

12/14/2021

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