PPP Loan information for Metrocity renovation inc

$187,500

Metrocity renovation inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/13/2021 by The Cross River Bank reported 9 jobs and $187,500 was used to fund payroll.

Metrocity renovation inc is Existing or more than 2 years old

METROCITY RENOVATION INC

Date Approved

04/13/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

METROCITY RENOVATION INC

Borrower Address

8702 SPRINGFIELD BLVD QUEENS VILLAGE NY 11427

Borrower City

QUEENS VILLAGE

Borrower State

NY

Borrower Zip

11427

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUEENS VILLAGE

Project County Name

QUEENS

Project State

NY

Project Zip

11427

CD

NY-03

Jobs Reported

9

NAICS Code

236115

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187495.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188840.75

Forgiveness Date

01/03/2022

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