PPP Loan information for Metro sales inc

$2,000,000

Metro sales inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/26/2021 by The First International Bank & Trust reported 222 jobs and $2,000,000 was used to fund payroll.

Metro sales inc is Existing or more than 2 years old

PPP Loan Search / MN / Richfield / Metro sales inc

METRO SALES INC

Date Approved

02/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

METRO SALES INC

Borrower Address

1620 E 78th St

Borrower City

Richfield

Borrower State

MN

Borrower Zip

55423-4645

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richfield

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-4645

CD

MN-05

Jobs Reported

222

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015222.22

Forgiveness Date

12/03/2021

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