PPP Loan information for Metro electric engineering technologies company

$687,130

Metro electric engineering technologies company was initially approved for PPP Loan of amount $687,130, the current approved amount is $687,130. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 56 jobs and $687,130 was used to fund payroll.

Metro electric engineering technologies company is New Business or 2 years or less

METRO ELECTRIC ENGINEERING TECHNOLOGIES COMPANY

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METRO ELECTRIC ENGINEERING TECHNOLOGIES COMPANY

Borrower Address

110 E POND DR

Borrower City

ROMEO

Borrower State

MI

Borrower Zip

48065-4902

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

687130.00

Current Approval Amount

687130.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROMEO

Project County Name

MACOMB

Project State

MI

Project Zip

48065-4902

CD

MI-09

Jobs Reported

56

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

687130.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

691497.51

Forgiveness Date

12/23/2020

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