PPP Loan information for Metro corp affiliates ltd

$375,000

Metro corp affiliates ltd was initially approved for PPP Loan of amount $405,522, the current approved amount is $375,000. The loan was approved on 05/22/2020 by The Bank of America, National Association reported 500 jobs and $375,000 was used to fund payroll.

Metro corp affiliates ltd is Existing or more than 2 years old

METRO CORP AFFILIATES LTD

Date Approved

05/22/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

METRO CORP AFFILIATES LTD

Borrower Address

401 E RUSSELL ST

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28301-5745

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405522.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28301-5745

CD

NC-07

Jobs Reported

500

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

44000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

368654.53

Forgiveness Date

05/26/2022

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