PPP Loan information for Metro group, inc.

$1,722,364

Metro group, inc. was initially approved for PPP Loan of amount $1,722,364, the current approved amount is $1,722,364. The loan was approved on 04/27/2020 by The Cache Valley Bank reported 160 jobs and $1,722,364 was used to fund payroll.

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

PPP Loan Search / UT / SALT LAKE CITY / Metro group, inc.

METRO GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

METRO GROUP, INC.

Borrower Address

3150 West 900 South

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84104

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1722364.00

Current Approval Amount

1722364.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84104-1000

CD

UT-02

Jobs Reported

160

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

129230.00

Payroll Proceed

1305134.00

Mortgage Interest Proceed

0.00

Rent Proceed

288000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1743080.21

Forgiveness Date

07/15/2021

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