PPP Loan information for Metro electric company inc

$639,460

Metro electric company inc was initially approved for PPP Loan of amount $639,460, the current approved amount is $639,460. The loan was approved on 01/25/2021 by The Santander Bank, National Association reported 40 jobs and $639,460 was used to fund payroll.

Metro electric company inc is Existing or more than 2 years old

PPP Loan Search / PA / Upper Darby / Metro electric company inc

METRO ELECTRIC COMPANY INC

Date Approved

01/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

METRO ELECTRIC COMPANY INC

Borrower Address

8498 Lansdowne Ave

Borrower City

Upper Darby

Borrower State

PA

Borrower Zip

19082-5410

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

639460.00

Current Approval Amount

639460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upper Darby

Project County Name

DELAWARE

Project State

PA

Project Zip

19082-5410

CD

PA-05

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

639460.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645959.72

Forgiveness Date

02/03/2022

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