PPP Loan information for Metro paving, inc.

$585,033

Metro paving, inc. was initially approved for PPP Loan of amount $585,033, the current approved amount is $585,033. The loan was approved on 04/14/2020 by The Community Development Bank, FSB reported 27 jobs and $585,033 was used to fund payroll.

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

METRO PAVING, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METRO PAVING, INC.

Borrower Address

14350 NORTHDALE BLVD

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-9175

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

585032.65

Current Approval Amount

585032.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9175

CD

MN-03

Jobs Reported

27

NAICS Code

324121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

58503.26

Payroll Proceed

468026.12

Mortgage Interest Proceed

58503.27

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

589339.14

Forgiveness Date

01/08/2021

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