PPP Loan information for Metro equipment corporation

$680,137

Metro equipment corporation was initially approved for PPP Loan of amount $680,137, the current approved amount is $680,137. The loan was approved on 01/19/2021 by The Abington Bank reported 31 jobs and $680,137 was used to fund payroll.

Metro equipment corporation is Existing or more than 2 years old

METRO EQUIPMENT CORPORATION

Date Approved

01/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

METRO EQUIPMENT CORPORATION

Borrower Address

20 Rex Dr

Borrower City

Braintree

Borrower State

MA

Borrower Zip

02184-5226

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680137.00

Current Approval Amount

680137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89069

Servicing Lender Name

Abington Bank

Servicing Lender Address

6 Harrison Ave

Servicing Lender City

ABINGTON

Servicing Lender State

MA

Servicing Lender Zip

02351-1877

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Braintree

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-5226

CD

MA-08

Jobs Reported

31

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

680132.00

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

89069

Originating Lender

Abington Bank

Originating Lender City

ABINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

683677.44

Forgiveness Date

08/06/2021

;