PPP Loan information for Metro elevator, inc.

$441,200

Metro elevator, inc. was initially approved for PPP Loan of amount $441,200, the current approved amount is $441,200. The loan was approved on 04/08/2020 by The First Minnetonka City Bank reported 16 jobs and $441,200 was used to fund payroll.

Metro elevator, inc. is Existing or more than 2 years old

METRO ELEVATOR, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METRO ELEVATOR, INC.

Borrower Address

1721 MAINSTREET

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7410

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441200.00

Current Approval Amount

441200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7410

CD

MN-03

Jobs Reported

16

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

354600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

86600.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

446126.73

Forgiveness Date

05/21/2021

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