PPP Loan information for Metro sales & service inc

$131,807

Metro sales & service inc was initially approved for PPP Loan of amount $131,807, the current approved amount is $131,807. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 38 jobs and $131,807 was used to fund payroll.

Metro sales & service inc is New Business or 2 years or less

PPP Loan Search / MI / SOUTHGATE / Metro sales & service inc

METRO SALES & SERVICE INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METRO SALES & SERVICE INC

Borrower Address

12961 DIX TOLEDO RD

Borrower City

SOUTHGATE

Borrower State

MI

Borrower Zip

48195-1745

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131807.00

Current Approval Amount

131807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTHGATE

Project County Name

WAYNE

Project State

MI

Project Zip

48195-1745

CD

MI-13

Jobs Reported

38

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131807.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

133280.35

Forgiveness Date

06/17/2021

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