PPP Loan information for Metro products inc

$89,390

Metro products inc was initially approved for PPP Loan of amount $89,390, the current approved amount is $89,390. The loan was approved on 04/30/2020 by The U.S. Bank, National Association reported 7 jobs and $89,390 was used to fund payroll.

Metro products inc is Existing or more than 2 years old

PPP Loan Search / MN / FRIDLEY / Metro products inc

METRO PRODUCTS INC

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METRO PRODUCTS INC

Borrower Address

7401 CENTRAL AVE NE

Borrower City

FRIDLEY

Borrower State

MN

Borrower Zip

55432

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89390.00

Current Approval Amount

89390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRIDLEY

Project County Name

ANOKA

Project State

MN

Project Zip

55432-0001

CD

MN-05

Jobs Reported

7

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89390.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79873.48

Forgiveness Date

11/19/2020

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