PPP Loan information for Metropolitan contract carpets, inc.

$1,975,000

Metropolitan contract carpets, inc. was initially approved for PPP Loan of amount $1,975,000, the current approved amount is $1,975,000. The loan was approved on 04/09/2020 by The Fulton Bank, National Association reported 107 jobs and $1,975,000 was used to fund payroll.

Metropolitan contract carpets, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / CHERRY HILL / Metropolitan contract carpets, inc.

METROPOLITAN CONTRACT CARPETS, INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

METROPOLITAN CONTRACT CARPETS, INC.

Borrower Address

625 CHAPEL AVE

Borrower City

CHERRY HILL

Borrower State

NJ

Borrower Zip

08034-1407

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1975000.00

Current Approval Amount

1975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERRY HILL

Project County Name

CAMDEN

Project State

NJ

Project Zip

08034-1407

CD

NJ-01

Jobs Reported

107

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

197500.00

Payroll Proceed

1481250.00

Mortgage Interest Proceed

0.00

Rent Proceed

296250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1998974.31

Forgiveness Date

07/02/2021

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