PPP Loan information for Metroline inc.

$466,392

Metroline inc. was initially approved for PPP Loan of amount $466,392, the current approved amount is $466,392. The loan was approved on 04/13/2020 by The Independent Bank reported 34 jobs and $466,392 was used to fund payroll.

Metroline inc. is Existing or more than 2 years old

METROLINE INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METROLINE INC.

Borrower Address

2250 MEIJER DR

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-7111

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466392.00

Current Approval Amount

466392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-7111

CD

MI-11

Jobs Reported

34

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

466392.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

459280.40

Forgiveness Date

12/03/2020

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