PPP Loan information for Metro machine works, inc.

$1,180,611

Metro machine works, inc. was initially approved for PPP Loan of amount $1,180,611, the current approved amount is $1,180,611. The loan was approved on 04/06/2020 by The Bank of Ann Arbor reported 70 jobs and $1,180,611 was used to fund payroll.

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

METRO MACHINE WORKS, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METRO MACHINE WORKS, INC.

Borrower Address

11977 HARRISON

Borrower City

ROMULUS

Borrower State

MI

Borrower Zip

48174-2717

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1180611.35

Current Approval Amount

1180611.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROMULUS

Project County Name

WAYNE

Project State

MI

Project Zip

48174-2717

CD

MI-13

Jobs Reported

70

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1180611.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1187888.74

Forgiveness Date

11/27/2020

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