PPP Loan information for Metro electrical contractors inc.

$316,990

Metro electrical contractors inc. was initially approved for PPP Loan of amount $316,990, the current approved amount is $316,990. The loan was approved on 02/04/2021 by The Quaint Oak Bank reported 28 jobs and $316,990 was used to fund payroll.

Metro electrical contractors inc. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Metro electrical contractors inc.

METRO ELECTRICAL CONTRACTORS INC.

Date Approved

02/04/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

METRO ELECTRICAL CONTRACTORS INC.

Borrower Address

218 Hamilton Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11231-1831

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316990.47

Current Approval Amount

316990.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89607

Servicing Lender Name

Quaint Oak Bank

Servicing Lender Address

501 Knowles Ave

Servicing Lender City

SOUTHAMPTON

Servicing Lender State

PA

Servicing Lender Zip

18966-3874

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11231-1831

CD

NY-10

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316990.47

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

89607

Originating Lender

Quaint Oak Bank

Originating Lender City

SOUTHAMPTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320635.86

Forgiveness Date

04/07/2022

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